1211 Slate RdWellingtonNV89444
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1211 Slate Rd, Wellington, NV, 89444 in Wellington is a solid income-producing rental, 8.62% gross yield, $2,154/mo rent, $421/mo net cash flow on a $299,900 buy. DSCR 1.60 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $82,857 and $2,762/yr in principal reduction project a total cumulative return of $140,299.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $421 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,154 |
| Total Monthly Debt Service | $1,613 |
| DSCR Ratio | 1.34x |
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.
Manufactured
Built in 1978
2.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89444, Wellington, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,516 (100%) |
| Owner Occupied HU | 1,190 (78.5%) |
| Renter Occupied HU | 168 (11.1%) |
| Vacant Housing Units | 158 (10.4%) |
| Median Home Value | $628,676 |
| Average Home Value | $634,613 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
64
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
Manufactured
Built in 1978
2.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89444, Wellington, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,516 (100%) |
| Owner Occupied HU | 1,190 (78.5%) |
| Renter Occupied HU | 168 (11.1%) |
| Vacant Housing Units | 158 (10.4%) |
| Median Home Value | $628,676 |
| Average Home Value | $634,613 |
Housing Distribution
Address Breakdown
Residential
1,333
Single Family
1,333
Multi-Family
0
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Fisher • RE/MAX Realty Affiliates
Mls Name: NNRMLS
Mls ID: #250056572