953 Julia LnFernleyNV89408
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
Investment property for sale in Fernley at 953 Julia Ln, Fernley, NV, 89408 at $444,800 posts ROI 20.36% with $56/mo cash flow from $2,639/mo rent. Total monthly income equals $2,639/mo, and annual cash flow records $667/yr on $147,451 to close. Return on cash invested measures 20.36% and rental yield reads 7.12% at the current $444,800. Equity gained on principal adds $2,870/yr, and 5% annual appreciation supports $122,890 by year five. Five-year ROI prints 104.77% and total cumulative return in cash totals $154,481.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,639/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
$100 annually 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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Nearby investment properties with comparable prices
Listed by: Nancy Wagner • Ferrari-Lund Real Estate Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250003025
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