367 Macfarland AveIndian SpringsNV89018
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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 Indian Springs at 367 Macfarland Ave, Indian Springs, NV, 89018 at $209,900 posts ROI 29.7% with $568/mo cash flow from $1,780/mo rent. Total monthly income equals $1,780/mo, and annual cash flow records $6,811/yr on $69,582 to close. Return on cash invested measures 29.7% and rental yield reads 10.18% at the current $209,900. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 by year five. Five-year ROI prints 154.83% and total cumulative return in cash totals $107,732.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89018, Indian Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 377 (57.1%) |
| Renter Occupied HU | 179 (27.1%) |
| Vacant Housing Units | 104 (15.8%) |
| Median Home Value | $238,333 |
| Average Home Value | $308,753 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Jill Amsel • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2561930
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