7441 Ash Peak DrSparksNV89436
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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 Sparks at 7441 Ash Peak Dr, Sparks, NV, 89436 priced at $715,000 converts $3,780/mo rent into after a $3,500/mo obligation. Total monthly income equals $3,780/mo. Return on cash invested prints 17.88% in year one, and rental yield reads 6.34% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 91.55% and total cumulative return in cash sums $215,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,780/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
$75 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: Fether Dugan • Real Broker LLC
Mls Name: NNRMLS
Mls Provider:
Mls ID: #240015137
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