289 Avenue De La DemeraldSparksNV89434
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sparks at 289 Avenue De La Demerald, Sparks, NV, 89434 with 5% annual appreciation on a $370,000 basis while $2,908/mo rent supports operations. Total monthly income totals $2,908/mo and a $1,811/mo payment preserves $652/mo for cash returns. Annual cash flow comes to $7,826/yr on $122,655 deployed, and return on cash invested reaches 26.29% in year one. Equity gained on principal adds $2,388/yr, and five-year appreciation sums $102,224 alongside rental yield of 9.43%. Five-year ROI measures 136.96% and total cumulative return in cash totals $167,993.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,908/mo property income versus a $1,811/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1989
4,791 sqft lot
$N/A/sqft
$118 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89434, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,454 (100%) |
| Owner Occupied HU | 7,167 (57.5%) |
| Renter Occupied HU | 4,762 (38.2%) |
| Vacant Housing Units | 525 ( 4.2%) |
| Median Home Value | $490,172 |
| Average Home Value | $559,981 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
8,809
Multi-Family
2,743
Businesses
480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Yamine • Nolan Realty and Investments
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005817
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. 2025 Northern Nevada Regional Multiple Listing Service MLS. All rights reserved.