7393 Oakmont LnSparksNV89436
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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
Investment property for sale in Sparks at 7393 Oakmont Ln, Sparks, NV, 89436 with 5% annual appreciation on a $497,500 basis while $2,915/mo rent supports operations. 31% in year one. Equity gained on principal adds $3,210/yr, and five-year appreciation sums $137,450 alongside rental yield of 7.03%. Five-year ROI measures 94.43% and total cumulative return in cash totals $155,739. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,915/mo property income versus a $2,435/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
4,181 sqft lot
$N/A/sqft
$260 monthly 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
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Listed by: Margie McIntyre • Dickson Realty - Damonte Ranch
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250004203
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