FOR SALE BY OWNER – INVESTOR PURCHASE ONLY – Seller to Remain Long-Term Tenant | 7.83% ROI Guaranteed, Regardless of Market Appreciation | High-Growth Fernley Investment
Rare opportunity to secure a true 7.83% return on investment, guaranteed regardless of market appreciation. Seller will lease back the property at $3,000/month for 2 years, delivering immediate and stable cash flow from day one.
Located in Fernley, one of Northern Nevada’s fastest-growing markets, driven by expansion along the industrial corridor near USA Parkway. The area is experiencing even stronger growth and appreciation potential than Reno and Sparks, supported by increasing demand from nearby industrial developments and workforce housing needs.
Seller is a professional operator managing 120+ homes across Northern Nevada and will remain as the tenant, ensuring reliable, experienced occupancy.
This is a fully hands-off investment—the tenant handles day-to-day operations, including maintenance, repairs, and even appliance repair or replacement if needed, minimizing owner involvement and unexpected costs.
Ideal for investors seeking predictable income, high-growth potential, and a hassle-free addition to their portfolio.
55 days
|
288
|
24
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Listed by:
Property Owner(949) 506-6352
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Heating
Forced air, Gas
Cooling
Central
Appliances
Included: Dishwasher, Garbage disposal, Microwave
Features
Flooring: Laminate, Linoleum / Vinyl
Interior area
Total interior livable area: 1,480 sqft
Property
Parking
Parking features: Garage - Attached
Features
Exterior features: Wood
Lot
Size: 6,098 Square Feet
Topography: Level
Details
Parcel number: 02091301
Construction
Type & style
Home type: SingleFamily
Materials
Roof: Composition
Condition
New construction: No
Year built: 2004
Utilities & green energy
Utilities for property: Electricity, City/County Water, City Sewer, Water Meter Installed, Telephone, DSL Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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