728 Diamondback 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 728 Diamondback Dr, Spring Creek, NV, 89815 priced at $389,000 pairs $2,624/mo rent with $376/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,624/mo, and annual cash flow comes to $4,517/yr on $128,954 invested. Return on cash invested is 23.41% in year one, and rental yield stands at 8.09% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 121.1% and total cumulative return in cash reaches $156,162. For financing, Ziffy Mortgage’s DSCR program evaluates $2,624/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
4.97 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
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Nearby investment properties with comparable prices
Listed by: Tami Shirley • Keller Williams VIP
Mls Name: ECMLS
Mls ID: #3627264