573 Country Hollow DrFernleyNV89408
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 Fernley at 573 Country Hollow Dr, Fernley, NV, 89408 uses $135,882 cash to close to unlock $1,943/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $2,006/mo payment keeps the spread at $162/mo. Purchase price stands at $409,900, and rental yield measures 7.41% with $2,530/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $149,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89408, Fernley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,552 (100%) |
| Owner Occupied HU | 6,617 (69.3%) |
| Renter Occupied HU | 2,502 (26.2%) |
| Vacant Housing Units | 433 ( 4.5%) |
| Median Home Value | $369,852 |
| Average Home Value | $401,265 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,996
Multi-Family
98
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices