305 Kimble DrSpring CreekNV89815
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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
Rental property for sale in Spring Creek at 305 Kimble Dr, Spring Creek, NV, 89815 offers $1,251/mo rent that, after a $808/mo payment, leaves $297/mo cash flow. Total monthly income is $1,251/mo, and annual cash flow is $3,567/yr on $54,698 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 9.1% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 137.36% and total cumulative return in cash reaches $75,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,251/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89815, Spring Creek, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 5,512 (82.7%) |
| Renter Occupied HU | 767 (11.5%) |
| Vacant Housing Units | 390 ( 5.8%) |
| Median Home Value | $341,377 |
| Average Home Value | $375,005 |
Housing Distribution
Address Breakdown
Residential
5,691
Single Family
5,691
Multi-Family
0
Businesses
79
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Listed by: Dawn Roberta Bear • Allie Bear Real Estate
Mls Name: ECMLS
Mls ID: #3627187