593 Kimble LnSpring 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
Investment property for sale in Spring Creek at 593 Kimble Ln, Spring Creek, NV, 89815 offers a 7.29% rental yield on a $330,000 purchase with $2,004/mo rent. Total monthly income registers $2,004/mo, and a $1,615/mo payment leaves $15/mo available for distribution. Annual cash flow reaches $174/yr on $109,395 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 103.51% and total cumulative return in cash at $113,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,004/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
1.07 Acres lot
$N/A/sqft
$83 monthly 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: Alex Perez • Sin City Realty LLC.
Mls Name: ECMLS
Mls ID: #3625985
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.