1147 Grove StCarson CityNV89701
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1147 Grove St, Carson City, NV, 89701 in Carson City is capital appreciation. Rental yield 3.59%. The 3.59% gross yield at $678,998 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $187,595 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.67) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $134,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 4.8% |
| Monthly Cash Flow | $(1,889) | $285 |
City averages based on Carson City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $3,653 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2026
N/A 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
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 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Bates Homes
Mls Name: Bates Homes
Mls ID: #N/A