498 Lilac 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 498 Lilac Dr, Spring Creek, NV, 89815 uses $146,954 cash to close to unlock $1,527/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $2,170/mo payment keeps the spread at $127/mo. Purchase price stands at $443,300, and rental yield measures 7.45% with $2,752/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $122,476 over five years. Five-year ROI reaches 108.08% and total cumulative return in cash records $158,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $2,170/mo payment rather than investor’s personal income.
Single Family
Built in 2017
1.04 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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