332 Logan DrSpring CreekNV89815
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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 Spring Creek at 332 Logan Dr, Spring Creek, NV, 89815 generates $1,840/mo in rent and, after a $759/mo payment, leaves $861/mo in cash flow. Total monthly income is $1,840/mo, and annual cash flow is $10,333/yr on $51,383 invested. Return on cash invested sits at 40.02% in year one, and rental yield is 14.25% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 210.92% and total cumulative return in cash sums $108,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,840/mo property income rather than buyer’s personal income.
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
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Listed by: Jessica Larsen • Presidio Real Estate West
Mls Name: ECMLS
Mls ID: #3625713
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 listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.