5451 Spandrell LnSparksNV89436
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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 Sparks at 5451 Spandrell Ln, Sparks, NV, 89436 priced at $565,000 converts $3,170/mo rent into after a $2,765/mo obligation. Total monthly income equals $3,170/mo. Return on cash invested prints 19.18% in year one, and rental yield reads 6.73% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. Five-year ROI reaches 98.46% and total cumulative return in cash sums $183,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,170/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 2003
9,016 sqft lot
$N/A/sqft
$128 quarterly 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: Claudia Townsend • Towns End Real Estate
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250003151
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