332 Logan DrSpring CreekNV89815
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 332 Logan Dr, Spring Creek, NV, 89815 in Spring Creek speaks for itself: 14.24% gross on a $155,000 price, generating $1,840/mo in rent and $861/mo in net income after the $697/mo debt service. DSCR 2.64, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,332 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $114,330.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.8% |
| Monthly Cash Flow | $861 | $850 |
City averages based on Spring Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,840 |
| Total Monthly Debt Service | $917 |
| DSCR Ratio | 2.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1990
1.09 Acres lot
$N/A/sqft
$83 monthly 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
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
Manufactured
Built in 1990
1.09 Acres lot
$N/A/sqft
$83 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices