384 Royal Oak 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
Investment property for sale in Spring Creek at 384 Royal Oak Dr, Spring Creek, NV, 89815 uses $142,545 cash to close to unlock $9,698/yr annual cash flow and $808/mo monthly cash flow. Total monthly income runs $3,293/mo, and a $2,105/mo payment keeps the spread at $808/mo. Purchase price stands at $430,000, and rental yield measures 9.19% with $3,293/mo rent. Return on cash invested shows 26.71% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 138.81% and total cumulative return in cash records $197,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,293/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1 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: Alex Perez • Sin City Realty LLC.
Mls Name: ECMLS
Mls ID: #3627285