801 Woodglen Dr APT 2SparksNV89434
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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 801 Woodglen Dr APT 2, Sparks, NV, 89434 offers a 9.79% rental yield on a $289,000 purchase with $2,357/mo rent. Total monthly income registers $2,357/mo, and a $1,415/mo payment leaves $687/mo available for distribution. Annual cash flow reaches $8,241/yr on $95,804 to close, and return on cash invested stands at 28.51% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 148.43% and total cumulative return in cash at $142,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,357/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1973
43.56 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89434, Sparks, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,454 (100%) |
| Owner Occupied HU | 7,167 (57.5%) |
| Renter Occupied HU | 4,762 (38.2%) |
| Vacant Housing Units | 525 ( 4.2%) |
| Median Home Value | $490,172 |
| Average Home Value | $559,981 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
8,809
Multi-Family
2,743
Businesses
480
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