3074 Sterling Ridge CirSparksNV89431
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 3074 Sterling Ridge Cir, Sparks, NV, 89431 offers a 8.24% rental yield on a $378,000 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,850/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,305/yr on $125,307 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,439/yr while 5% annual appreciation supports $104,434 over five years. Portfolio math shows five-year ROI at 112.96% and total cumulative return in cash at $141,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,850/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
871.20 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89431, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,860 (100%) |
| Owner Occupied HU | 7,074 (42.0%) |
| Renter Occupied HU | 8,987 (53.3%) |
| Vacant Housing Units | 799 ( 4.7%) |
| Median Home Value | $383,516 |
| Average Home Value | $472,222 |
Housing Distribution
Address Breakdown
Residential
15,835
Single Family
12,721
Multi-Family
3,114
Businesses
2,572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rotem Azulay • Compass
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250051296
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.