1275 Slate RdWellingtonNV89444
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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 Wellington at 1275 Slate Rd, Wellington, NV, 89444 generates $2,146/mo in rent and, after a $1,297/mo payment, leaves $615/mo in cash flow. Total monthly income is $2,146/mo, and annual cash flow is $7,379/yr on $87,848 invested. Return on cash invested sits at 28.31% in year one, and rental yield is 9.72% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 147.34% and total cumulative return in cash sums $129,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,146/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
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
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Listed by: Denny Cavnar • Beverly Realty
Mls Name: NNRMLS
Mls ID: #250057418