664 Spring RdIndian SpringsNV89018
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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
Rental property for sale in Indian Springs at 664 Spring Rd, Indian Springs, NV, 89018 priced at $350,000 pairs $1,772/mo rent with after a $1,713/mo payment. Total monthly income equals $1,772/mo. Return on cash invested is 17.32% in year one, and rental yield stands at 6.08% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 88.42% and total cumulative return in cash reaches $102,590. For financing, Ziffy Mortgage’s DSCR program evaluates $1,772/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.84 Acres lot
$N/A/sqft
No 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: Teri Lewis • Lisa Bond Real Estate LLC
Mls Name: LVR
Mls ID: #2749345