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165 Westward Lane, Fernley, NV 89408

Fernley
Local realty services provided by:CENTURY 21 Prime
165 Westward Lane,Fernley, NV 89408
$460,000
  • 4 Beds
  • 2 Baths
  • 1,480 sq. ft.
  • Single family
  • Active
Listed by: ana nadimi
Office: solid source realty
MLS#:250059092
Source:NV_NNRMLS

Price summary

  • Price:$460,000
  • Price per sq. ft.:$310.81

About this home

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...

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Home facts

  • Year built:2004
  • Listing ID #:250059092
  • Added:137 day(s) ago
  • Updated:May 02, 2026 at 02:51 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Luxury Vinyl
  • Dining Description:Breakfast Bar
  • Kitchen Description:Breakfast Bar, Dishwasher, Microwave, Refrigerator
  • Bedroom Description:Primary Downstairs, Walk-In Closet(s)
  • Living area:1,480 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Heating, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:2004
  • Building area:1,480 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Fernley
  • Middle school:Silverland
  • Elementary school:Fernley

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$460,000
  • Price per sq. ft.:$310.81
  • Tax amount:$1,735

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Attached, Attached Garage, Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:2
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