1116 Tamarisk StCarson CityNV89701
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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 Carson City at 1116 Tamarisk St, Carson City, NV, 89701 priced at $315,000 pairs $1,951/mo rent with $105/mo cash flow after a $1,542/mo payment. Total monthly income equals $1,951/mo, and annual cash flow comes to $1,260/yr on $104,423 invested. Return on cash invested is 21.12% in year one, and rental yield stands at 7.43% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 108.92% and total cumulative return in cash reaches $113,741. For financing, Ziffy Mortgage’s DSCR program evaluates $1,951/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89701, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,195 (100%) |
| Owner Occupied HU | 6,657 (59.5%) |
| Renter Occupied HU | 3,985 (35.6%) |
| Vacant Housing Units | 553 ( 4.9%) |
| Median Home Value | $443,709 |
| Average Home Value | $480,441 |
Housing Distribution
Address Breakdown
Residential
10,774
Single Family
10,352
Multi-Family
422
Businesses
1,120
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Listed by: Cyndy Brown • Coldwell Banker Select Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #240014634
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