314 Bens WayFernleyNV89408
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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 Fernley at 314 Bens Way, Fernley, NV, 89408 uses $165,584 cash to close to unlock $4,245/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $3,240/mo, and a $2,445/mo payment keeps the spread at $354/mo. Purchase price stands at $499,500, and rental yield measures 7.78% with $3,240/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 116.04% and total cumulative return in cash records $192,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $2,445/mo payment rather than investor’s personal income.
Single Family
Built in 2018
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89408, Fernley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,552 (100%) |
| Owner Occupied HU | 6,617 (69.3%) |
| Renter Occupied HU | 2,502 (26.2%) |
| Vacant Housing Units | 433 ( 4.5%) |
| Median Home Value | $369,852 |
| Average Home Value | $401,265 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,996
Multi-Family
98
Businesses
490
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