400 Fort Sutter BlvdFernleyNV89408
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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
Rental property for sale in Fernley at 400 Fort Sutter Blvd, Fernley, NV, 89408 generates $2,276/mo in rent and, after a $1,859/mo payment, leaves $81/mo in cash flow. Total monthly income is $2,276/mo, and annual cash flow is $977/yr on $125,937 invested. Return on cash invested sits at 20.68% in year one, and rental yield is 7.19% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 106.48% and total cumulative return in cash sums $134,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,276/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89408, Fernley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,552 (100%) |
| Owner Occupied HU | 6,617 (69.3%) |
| Renter Occupied HU | 2,502 (26.2%) |
| Vacant Housing Units | 433 ( 4.5%) |
| Median Home Value | $369,852 |
| Average Home Value | $401,265 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,996
Multi-Family
98
Businesses
490
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