796 C StFernleyNV89408
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 Fernley at 796 C St, Fernley, NV, 89408 generates $2,294/mo in rent and, after a $1,590/mo payment, leaves $417/mo in cash flow. Total monthly income is $2,294/mo, and annual cash flow is $5,004/yr on $107,704 invested. Return on cash invested sits at 24.56% in year one, and rental yield is 8.47% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 127.19% and total cumulative return in cash sums $136,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,294/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89408, Fernley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,552 (100%) |
| Owner Occupied HU | 6,617 (69.3%) |
| Renter Occupied HU | 2,502 (26.2%) |
| Vacant Housing Units | 433 ( 4.5%) |
| Median Home Value | $369,852 |
| Average Home Value | $401,265 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,996
Multi-Family
98
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Gillespie • eXp Realty
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005772
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. 2025 Northern Nevada Regional Multiple Listing Service MLS. All rights reserved.