Ginger Plan, Cinnamon Ridge,Sparks,NV,89441

Investment Highlights

Investment property for sale in Sparks at Ginger Plan, Cinnamon Ridge, Sparks, NV, 89441 offers a 7.48% rental yield on a $748,995 purchase with $4,670/mo rent. Total monthly income registers $4,670/mo, and a $3,666/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,109/yr on $246,419 to close, and return on cash invested stands at 21.73% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,934 over five years. Portfolio math shows five-year ROI at 112.02% and total cumulative return in cash at $276,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,670/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.