425 Nicole DrSparksNV89436
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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 Sparks at 425 Nicole Dr, Sparks, NV, 89436 offers a 6.83% rental yield on a $532,000 purchase with $3,030/mo rent. 7% in year one. Equity gained on principal adds $3,433/yr while 5% annual appreciation supports $146,982 over five years. Portfolio math shows five-year ROI at 101.17% and total cumulative return in cash at $177,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,030/mo property income against a $2,604/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.40 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89436, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,310 (100%) |
| Owner Occupied HU | 15,470 (72.6%) |
| Renter Occupied HU | 4,416 (20.7%) |
| Vacant Housing Units | 1,424 ( 6.7%) |
| Median Home Value | $590,813 |
| Average Home Value | $620,489 |
Housing Distribution
Address Breakdown
Residential
19,611
Single Family
17,341
Multi-Family
2,270
Businesses
408
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Listed by: Robert Domiteaux • RE/MAX Professionals-Sparks
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250006190
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