$537,000 $539,000 ↓ $2,000 reduced Active
986 Montero Drive
Sparks, NV 89436
STR Status Unknown
4 Beds
·
2.0 Baths
·
1,732 Sq Ft

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About This Property

INVESTOR ALERT! Exceptional opportunity to add a tenant-occupied property to your investment portfolio with a lease in place through April 2027, providing immediate rental income. This well-maintained home offers 3 bedrooms and 2 bathrooms with a functional floor plan designed for comfortable living. Enjoy hard surface flooring throughout the main living areas with carpet in all bedrooms for added comfort. Conveniently located near shopping, dining, schools, and commuter routes, this property is an excellent addition to any investment portfolio. Don't miss this chance to secure a turnkey rental with long-term tenants already in place!

Listed by Felisa Cusimano-Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260009700
Days on Market 69
Price/Sq Ft $310

Property History

Jul 28, 2026
Listed for sale
$539,000
Sep 18, 2026
Price reduced
$538,000 $539,000 ↓ $1,000
Sep 28, 2026
Price reduced
$537,000 $538,000 ↓ $1,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,732
Lot Size 0.15 acres
Stories 1
Year Built 2000
Property Type Single Family Residence
Subdivision Kiley Ranch 1 Phase 2
APN 516-152-14
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $2,819
Schools
Elementary School Sepulveda
Middle School Sky Ranch
High School Reed
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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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

$3,204 per month
Principal & interest
$2,715/mo
Property taxes
$235/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$254/mo
Estimated ~$2,500–$3,600/yr — get a local broker quote for accuracy.
Down payment
20% ($107,400)
Home price
$537,000
Loan details
30-yr fixed, 6.5%
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