376 Desoto Falls StIndian SpringsNV89018
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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 Indian Springs at 376 Desoto Falls St, Indian Springs, NV, 89018 offers $2,712/mo rent that, after a $2,002/mo payment, leaves $349/mo cash flow. Total monthly income is $2,712/mo, and annual cash flow is $4,185/yr on $135,584 cash. Return on cash invested measures 23% in year one, and rental yield stands at 7.96% at a $409,000 entry. Equity gained on principal adds $2,639/yr while 5% annual appreciation compounds into $112,999 by year five. Five-year ROI records 118.85% and total cumulative return in cash reaches $161,145. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,712/mo property income versus a $2,002/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,227 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
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Listed by: Sabrina Fivas • Realty ONE Group, Inc
Mls Name: LVR
Mls ID: #2733639