940 Spring Valley PkwySpring CreekNV89815
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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 Spring Creek at 940 Spring Valley Pkwy, Spring Creek, NV, 89815 listed at $274,999 pairs $1,673/mo rent with a $1,346/mo payment to leave $1/mo cash flow. Total monthly income runs $1,673/mo, and annual cash flow reaches $13/yr on $91,162 cash to close. Return on cash invested measures 19.92% in year one, and rental yield registers 7.3% at a $274,999 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 102.83% and total cumulative return in cash totals $93,743. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,673/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1983
1.20 Acres lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89815, Spring Creek, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,669 (100%) |
| Owner Occupied HU | 5,512 (82.7%) |
| Renter Occupied HU | 767 (11.5%) |
| Vacant Housing Units | 390 ( 5.8%) |
| Median Home Value | $341,377 |
| Average Home Value | $375,005 |
Housing Distribution
Address Breakdown
Residential
5,691
Single Family
5,691
Multi-Family
0
Businesses
79
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Listed by: Alex Perez • Sin City Realty LLC.
Mls Name: ECMLS
Mls ID: #3625656
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 listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.