7499 Hoback DrSparksNV89436
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 Sparks at 7499 Hoback Dr, Sparks, NV, 89436 offers $2,634/mo rent that, after a $3,813/mo payment. Total monthly income is $2,634/mo. Return on cash invested measures 11.32% in year one, and rental yield stands at 4.06% at a $778,995 entry. Equity gained on principal adds $5,027/yr while 5% annual appreciation compounds into $215,222 by year five. Five-year ROI records 56.19% and total cumulative return in cash reaches $144,013. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,634/mo property income versus a $3,813/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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
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