840 Turtleback Falls AveIndian SpringsNV89018
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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 Indian Springs at 840 Turtleback Falls Ave, Indian Springs, NV, 89018 listed at $367,500 pairs $2,311/mo rent with a $1,799/mo payment to leave $187/mo cash flow. Total monthly income runs $2,311/mo, and annual cash flow reaches $2,248/yr on $121,826 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 7.55% at a $367,500 basis. Equity gained on principal adds $2,371/yr, and annual property appreciation at 5% supports $101,533 by year five. Five-year ROI tracks 112.22% and total cumulative return in cash totals $136,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,311/mo property income relative to a $1,799/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89018, Indian Springs, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 377 (57.1%) |
| Renter Occupied HU | 179 (27.1%) |
| Vacant Housing Units | 104 (15.8%) |
| Median Home Value | $238,333 |
| Average Home Value | $308,753 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Listed by: Casey R. Ellsworth • LPT Realty LLC
Mls Name: LVR
Mls ID: #2722624