35 Date Palm Dr,Sparks,NV,89441

Investment Highlights

Rental property for sale in Sparks at 35 Date Palm Dr, Sparks, NV, 89441 priced at $399,000 converts $2,736/mo rent into $431/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,736/mo, and annual cash flow totals $5,167/yr on $132,269 invested. Return on cash invested prints 23.82% in year one, and rental yield reads 8.23% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 123.26% and total cumulative return in cash sums $163,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,736/mo property income covering a $1,953/mo payment, not borrower’s personal income.