2770 Tonopah StSilver SpringsNV89429
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Silver Springs at 2770 Tonopah St, Silver Springs, NV, 89429 with 5% annual appreciation on a $179,000 basis while $1,405/mo rent supports operations. Total monthly income totals $1,405/mo and a $876/mo payment preserves $371/mo for cash returns. Annual cash flow comes to $4,451/yr on $59,339 deployed, and return on cash invested reaches 27.41% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 9.42%. Five-year ROI measures 142.52% and total cumulative return in cash totals $84,567.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,405/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1988
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89429, Silver Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,759 (100%) |
| Owner Occupied HU | 2,875 (76.5%) |
| Renter Occupied HU | 552 (14.7%) |
| Vacant Housing Units | 332 ( 8.8%) |
| Median Home Value | $354,694 |
| Average Home Value | $360,224 |
Housing Distribution
Address Breakdown
Residential
3,239
Single Family
3,198
Multi-Family
41
Businesses
146
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Listed by: Raymond Solorzano • RE/MAX Professionals-Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250004887
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