$249,900 Active
985 Villa Way
Fernley, NV 89408
STR Status Unknown
4 Beds
·
2.0 Baths
·
1,120 Sq Ft

About This Property

This inviting home offers 4 bedrooms and 2 bathrooms (4th bedroom is unpermitted), providing ample space for comfortable living. The 4th bedroom can be used as a bonus room. The kitchen combines style and function with a modern gas stove, and skylights that provide natural light. Its open floor plan connects it to the main living areas, creating a spacious feel. Water proof luxury vinyl plank (LVP) flooring runs throughout the living areas reflect contemporary style and convenience. The property features three dedicated parking spots and two storage sheds for extra space. With no back neighbors, you'll enjoy added privacy and tranquility. There is no Homeowners Association (HOA), offering you more flexibility and fewer restrictions. Conveniently located close to shopping and schools, this home makes everyday errands and commutes easy. Financing is available, helping make your dream of owning this property a reality. *Owner financing is available*.

Listed by Janet Melendrez — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260000427
Days on Market 114
Price/Sq Ft $223

Property History

Jan 13, 2026
Listed for sale
$249,900
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,120
Lot Size 0.14 acres
Stories 1
Year Built 1973
Property Type Manufactured Home
Subdivision Fernley Villa Mobile Home Park
APN 020-418-02
Parking
Total Parking 3
Parking Features Carport
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Roof Pitched
Foundation 8-Point
Financial
Annual Tax $730
Schools
Elementary School Cottonwood
Middle School Fernley
High School Fernley
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($49,980)
Home price
$249,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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