1007 Aspen Grove CirMindenNV89423
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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
Investment property for sale in Minden at 1007 Aspen Grove Cir, Minden, NV, 89423 uses $144,866 cash to close to unlock $5,700/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $2,139/mo payment keeps the spread at $475/mo. Purchase price stands at $437,000, and rental yield measures 8.24% with $3,000/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $120,735 over five years. Five-year ROI reaches 123.39% and total cumulative return in cash records $178,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $2,139/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89423, Minden, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,113 (100%) |
| Owner Occupied HU | 4,205 (82.2%) |
| Renter Occupied HU | 698 (13.7%) |
| Vacant Housing Units | 210 ( 4.1%) |
| Median Home Value | $695,735 |
| Average Home Value | $785,643 |
Housing Distribution
Address Breakdown
Residential
4,911
Single Family
4,909
Multi-Family
2
Businesses
768
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