645 Turtleback Falls AveIndian SpringsNV89018
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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 Indian Springs at 645 Turtleback Falls Ave, Indian Springs, NV, 89018 uses $137,573 cash to close to unlock $6,473/yr annual cash flow and $539/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $2,031/mo payment keeps the spread at $539/mo. Purchase price stands at $415,000, and rental yield measures 8.66% with $2,994/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash records $175,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2021
5,227 sqft lot
$N/A/sqft
$57 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89018, Indian Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 377 (57.1%) |
| Renter Occupied HU | 179 (27.1%) |
| Vacant Housing Units | 104 (15.8%) |
| Median Home Value | $238,333 |
| Average Home Value | $308,753 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Kelly-Anne Bogle • Keller Williams Realty Las Veg
Mls Name: GLVAR
Mls Provider:
Mls ID: #2677270
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