859 B StFernleyNV89408
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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
Investment property for sale in Fernley at 859 B St, Fernley, NV, 89408 at $374,900 posts ROI 21.69% with $185/mo cash flow from $2,351/mo rent. Total monthly income equals $2,351/mo, and annual cash flow records $2,218/yr on $124,279 to close. Return on cash invested measures 21.69% and rental yield reads 7.53% at the current $374,900. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 by year five. Five-year ROI prints 111.87% and total cumulative return in cash totals $139,027.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,351/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
9,147 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
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