291 Appalachian LnIndian SpringsNV89018
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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
Rental property for sale in Indian Springs at 291 Appalachian Ln, Indian Springs, NV, 89018 priced at $370,000 converts $2,744/mo rent into $606/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,744/mo, and annual cash flow totals $7,274/yr on $122,655 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 8.9% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 134.13% and total cumulative return in cash sums $164,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,744/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89018, Indian Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 377 (57.1%) |
| Renter Occupied HU | 179 (27.1%) |
| Vacant Housing Units | 104 (15.8%) |
| Median Home Value | $238,333 |
| Average Home Value | $308,753 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Listed by: Frank L. Aguilar Jr • Century 21 Americana
Mls Name: LVR
Mls ID: #2710647