583 Abarr 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
Rental property for sale in Spring Creek at 583 Abarr Dr, Spring Creek, NV, 89815 generates $3,040/mo in rent and, after a $1,811/mo payment, leaves $902/mo in cash flow. Total monthly income is $3,040/mo, and annual cash flow is $10,826/yr on $122,655 invested. Return on cash invested sits at 28.74% in year one, and rental yield is 9.86% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 149.66% and total cumulative return in cash sums $183,569. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,040/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.15 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Madison Clifford • Coldwell Banker Excel
Mls Name: ECMLS
Mls ID: #3627295