$2,450 Active
1618 Rainfall Way
Fernley, NV 89408
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,604 Sq Ft

About This Property

Coming Soon!!! This single-story home blends everyday convenience with practical comfort, featuring three spacious bedrooms and two full bathrooms. At the heart of the home lies a bright, open-concept floor plan centered around a well-appointed kitchen complete with a central island, generous cabinet storage, a pantry, and a refrigerator provided for tenant use. The functional layout extends to a dedicated laundry area with in-home washer and dryer hookups, as well as an attached two-car garage. Outside, the low-maintenance landscaping allows for effortless weekend living without the hassle of extensive yard work. Ideally situated just minutes from local neighborhood schools, vibrant parks, and the scenic Golf Club at Fernley. Pets are welcome upon approval. Tenant Responsibilities & Additional Fees Rent: 2,450.00 Utilities: Tenants are responsible for all utilities. Garbage & Sewer: 89.00 per month Water and Power: Tenant responsible for setting up services in their name Resident Benefit Package: Starting at 55.00 per month If Property is Servicable: High Speed Internet: Starting at 65.00 per month Security Deposit: 2,550.00 One Time Administrative Fee: 195.00 **For properties that allow pets, the additional fees below may apply: Additional Deposit - 500.00 minimum per pet Pet Rent - 35.00 per pet per month One Time Pet Onboarding Fee - 150.00 per pet Advertised rent reflects the base rent only; all additional fees above apply. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent. At The Martin Team at Dickson Realty we strive to provide an experience that is cost-effective and convenient. That's why tenants participate in a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621). If this property is eligible for service, tenants will be enrolled in high-speed internet service with speeds up to 1 Gig for a discounted group rate of 65/month. The package includes 24/7 premium support and move-in setup assistance to help you get connected quickly. If available at the property, tenants will be enrolled in this internet package. Additional details will be provided upon application approval.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260011125
Days on Market 1
Price/Sq Ft $2

Property History

Aug 27, 2026
Listed for sale
$2,450
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,604
Lot Size 0.15 acres
Stories 1
Year Built 2023
Property Type Single Family Residence
Subdivision Upland Ranch Estates Ph 9
APN 022-373-10
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage
Attached Garage Yes
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Refrigerated
Schools
Elementary School Fernley
Middle School Silverland
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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($490)
Home price
$2,450
Loan details
30-yr fixed, 6.5%
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