420 Triple Falls StIndian SpringsNV89018
Nearby investment properties with comparable rents
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
Investment property for sale in Indian Springs at 420 Triple Falls St, Indian Springs, NV, 89018 uses $135,915 cash to close to unlock $7,498/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $2,007/mo payment keeps the spread at $625/mo. Purchase price stands at $409,999, and rental yield measures 8.76% with $2,994/mo rent. Return on cash invested shows 25.43% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 131.89% and total cumulative return in cash records $179,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 2021
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erick R. Guzman • Huntington & Ellis, A Real Est
Mls Name: LVR
Mls ID: #2732961