5655 El Paseo Dr APT 102SparksNV89436
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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
Total monthly income runs $2,073/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 7.11% with $2,073/mo rent. Return on cash invested shows 17% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 87.96% and total cumulative return in cash records $102,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,073/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
871.20 sqft lot
$N/A/sqft
$332 monthly 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: Christy Klingler • Dickson Realty - Sparks
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250051265
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