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For sale by owner
  • $470,000

    165 Westward Ln, Fernley, NV 89408

    4beds
    1,480sqft
    : 
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    SingleFamily
    Built in 2004
    6,098 Square Feet Lot
    $-- Zestimate®
    $318/sqft
    $-- HOA

    Overview

    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
    |
    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

      Community & HOA

      Location
      • Region: Fernley

      Financial & listing details

      • Price per square foot: $318/sqft
      • Tax assessed value: $285,924
      • Annual tax amount: $2,016
      • Date on market: 5/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,207/mo

        Price history

        DateEventPrice
        5/19/2026Listed for sale$470,000+0%$318/sqft
        Source: Owner Report a problem
        5/16/2026Listing removed$469,900$318/sqft
        Source: NNRMLS #250059092 Report a problem
        5/14/2026Price change$469,900+2.2%$318/sqft
        Source: NNRMLS #250059092 Report a problem
        4/16/2026Price change$460,000+2.2%$311/sqft
        Source: NNRMLS #250059092 Report a problem
        12/15/2025Listed for sale$449,900+50%$304/sqft
        Source: NNRMLS #250059092 Report a problem
        9/22/2025Sold$300,000-3.2%$203/sqft
        Source: NNRMLS #250053757 Report a problem
        9/8/2025Contingent$309,999$209/sqft
        Source: NNRMLS #250053757 Report a problem
        8/18/2025Price change$309,999-3.1%$209/sqft
        Source: NNRMLS #250053757 Report a problem
        7/29/2025Listed for sale$319,999+55.3%$216/sqft
        Source: NNRMLS #250053757 Report a problem
        2/16/2018Sold$206,000-1.4%$139/sqft
        Source: NNRMLS #170014716 Report a problem
        12/11/2017Listed for sale$209,000$141/sqft
        Source: Trans-Action Realty 500 #170014716 Report a problem
        11/18/2017Pending sale$209,000$141/sqft
        Source: Trans-Action Realty 500 #170014716 Report a problem
        11/7/2017Price change$209,000-3.2%$141/sqft
        Source: Trans-Action Realty 500 #170014716 Report a problem
        10/27/2017Listed for sale$216,000$146/sqft
        Source: Trans-Action Realty 500 #170014716 Report a problem
        10/15/2017Pending sale$216,000$146/sqft
        Source: Trans-Action Realty 500 #170014716 Report a problem
        10/6/2017Listed for sale$216,000+157.1%$146/sqft
        Source: Trans-Action Realty 500 #170014716 Report a problem
        6/12/2012Sold$84,000-1.1%$57/sqft
        Source: Public Record Report a problem
        4/24/2012Listed for sale$84,900+41.5%$57/sqft
        Source: NRES LLC, DBA as Harcourts NV1 #120004817 Report a problem
        4/12/2012Listing removed$850$1/sqft
        Source: LL Realty Inc. Report a problem
        4/5/2012Sold$60,000$41/sqft
        Source: Public Record Report a problem
        3/30/2012Price change$850-2.9%$1/sqft
        Source: LL Realty Inc. Report a problem
        3/20/2012Listed for rent$875$1/sqft
        Source: LL Realty Inc. Report a problem
        9/24/2009Sold$60,000$41/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,016 +5.9%$100,073 -0.4%
        2024$1,905 +7.8%$100,438 +4%
        2023$1,767 +4.4%$96,620 +4.7%
        2022$1,692 $92,275 +12.2%
        2021-- $82,266 +2.8%
        2020$1,594 $80,010 +9.6%
        2019$1,594 +3.7%$72,984 +16.2%
        2018$1,537 +3.3%$62,791 +9.8%
        2017$1,488 +0.6%$57,179 +33%
        2016$1,479 +11.1%$42,998 +22%
        2015$1,331 +2.3%$35,237 +40.4%
        2014$1,302 $25,098 -7.8%
        2013-- $27,211
        2012-- $27,211 -20.6%
        2011-- $34,270 +10.3%
        2010-- $31,079 -40.7%
        2009-- $52,432 -14.1%
        2008-- $61,037 +217.2%
        2007-- $19,240 +85%
        2006-- $10,400 +48.6%
        2004-- $7,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 89408

        Getting around

        7 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Valley
        • Middle: Silverland
        • High: Fernley

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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