6667 April StSparksNV89436
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 Sparks at 6667 April St, Sparks, NV, 89436 offers a 7.51% rental yield on a $464,900 purchase with $2,908/mo rent. Total monthly income registers $2,908/mo, and a $2,275/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,668/yr on $154,114 to close, and return on cash invested stands at 21.64% in year one. Equity gained on principal adds $3,000/yr while 5% annual appreciation supports $128,443 over five years. Portfolio math shows five-year ROI at 111.6% and total cumulative return in cash at $171,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,908/mo property income against a $2,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89436, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,310 (100%) |
| Owner Occupied HU | 15,470 (72.6%) |
| Renter Occupied HU | 4,416 (20.7%) |
| Vacant Housing Units | 1,424 ( 6.7%) |
| Median Home Value | $590,813 |
| Average Home Value | $620,489 |
Housing Distribution
Address Breakdown
Residential
19,611
Single Family
17,341
Multi-Family
2,270
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices