1207 Spur WayGardnervilleCA89410
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1207 Spur Way, Gardnerville, CA, 89410 in Gardnerville. At $723,039 it earns $5,040/mo in rent and distributes $567/mo to the owner after the $3,251/mo payment, a consistent 8.36% yield. DSCR 1.55 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $199,762 in value; $6,659/yr in principal paydown compounds ownership stake. Total projected return: $310,711.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.1% |
| Monthly Cash Flow | $567 | $400 |
City averages based on Gardnerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,040 |
| Total Monthly Debt Service | $4,185 |
| DSCR Ratio | 1.20x |
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 2025
6,633 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89410, Gardnerville, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,586 (66.8%) |
| Renter Occupied HU | 1,403 (26.1%) |
| Vacant Housing Units | 380 ( 7.1%) |
| Median Home Value | $632,858 |
| Average Home Value | $698,413 |
Housing Distribution
Address Breakdown
Residential
4,949
Single Family
4,793
Multi-Family
156
Businesses
565
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 2025
6,633 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89410, Gardnerville, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,586 (66.8%) |
| Renter Occupied HU | 1,403 (26.1%) |
| Vacant Housing Units | 380 ( 7.1%) |
| Median Home Value | $632,858 |
| Average Home Value | $698,413 |
Housing Distribution
Address Breakdown
Residential
4,949
Single Family
4,793
Multi-Family
156
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Tim Lewis Communities
Mls Name: Tim Lewis Communities
Mls Provider:
Mls ID: #N/A