10 Burke DrWellingtonNV89444
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Wellington at 10 Burke Dr, Wellington, NV, 89444 priced at $649,000 pairs $2,143/mo rent with after a $3,177/mo payment. Total monthly income equals $2,143/mo. Return on cash invested is 11.03% in year one, and rental yield stands at 3.96% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 54.64% and total cumulative return in cash reaches $116,664. For financing, Ziffy Mortgage’s DSCR program evaluates $2,143/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
19.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89444, Wellington, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,516 (100%) |
| Owner Occupied HU | 1,190 (78.5%) |
| Renter Occupied HU | 168 (11.1%) |
| Vacant Housing Units | 158 (10.4%) |
| Median Home Value | $628,676 |
| Average Home Value | $634,613 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
64
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Listed by: Mary Thomas • Dickson Realty - Gardnerville
Mls Name: NNRMLS
Mls ID: #250058889