448 Merino DrSpring CreekNV89815
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 Spring Creek at 448 Merino Dr, Spring Creek, NV, 89815 at $185,000 posts ROI 35.2% with $782/mo cash flow from $1,933/mo rent. Total monthly income equals $1,933/mo, and annual cash flow records $9,379/yr on $61,328 to close. Return on cash invested measures 35.2% and rental yield reads 12.54% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 184.93% and total cumulative return in cash totals $113,415.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,933/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1985
1.22 Acres lot
$N/A/sqft
$83 monthly 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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Nearby investment properties with comparable prices
Listed by: Erica Quintero • Coldwell Banker Excel
Mls Name: ECMLS
Mls ID: #3626545
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.