334 Parkchester DrSpring CreekNV89815
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
Rental property for sale in Spring Creek at 334 Parkchester Dr, Spring Creek, NV, 89815 priced at $355,000 converts $2,400/mo rent into $348/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $4,181/yr on $117,683 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 8.11% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 121.37% and total cumulative return in cash sums $142,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.42 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: Justine Oros • LPT Realty, LLC
Mls Name: ECMLS
Mls ID: #3626816