7906 Majorite WaySparksNV89436
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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 7906 Majorite Way, Sparks, NV, 89436 offers $2,994/mo rent that, after a $2,144/mo payment, leaves $463/mo cash flow. Total monthly income is $2,994/mo, and annual cash flow is $5,557/yr on $145,194 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 8.2% at a $437,990 entry. Equity gained on principal adds $2,826/yr while 5% annual appreciation compounds into $121,009 by year five. Five-year ROI records 122.86% and total cumulative return in cash reaches $178,383. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $2,144/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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