1135 Tamarack DrFallonNV89406
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 1135 Tamarack Dr, Fallon, NV, 89406 in Fallon is narrow, $134/mo net on $2,734/mo rent after the $2,023/mo debt service, but the property operates at break-even-plus, not a loss. At $450,000 with a 7.29% yield, the long-run equity case via 5% appreciation ($124,327 over five years) and $4,145/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.35 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $178,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.8% |
| Monthly Cash Flow | $134 | $420 |
City averages based on Fallon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,734 |
| Total Monthly Debt Service | $2,421 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89406, Fallon, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 7,143 (65.3%) |
| Renter Occupied HU | 3,088 (28.2%) |
| Vacant Housing Units | 713 ( 6.5%) |
| Median Home Value | $348,818 |
| Average Home Value | $377,633 |
Housing Distribution
Address Breakdown
Residential
10,701
Single Family
10,425
Multi-Family
276
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89406, Fallon, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 7,143 (65.3%) |
| Renter Occupied HU | 3,088 (28.2%) |
| Vacant Housing Units | 713 ( 6.5%) |
| Median Home Value | $348,818 |
| Average Home Value | $377,633 |
Housing Distribution
Address Breakdown
Residential
10,701
Single Family
10,425
Multi-Family
276
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices