1278 Primrose LnElkoNV89801
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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 Elko at 1278 Primrose Ln, Elko, NV, 89801 generates $2,563/mo in rent and, after a $1,955/mo payment, leaves $255/mo in cash flow. Total monthly income is $2,563/mo, and annual cash flow is $3,062/yr on $132,401 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 7.7% on a $399,400 entry. Equity gained on principal adds $2,577/yr, while 5% annual appreciation builds toward $110,347 over five years. Five-year ROI reaches 114.74% and total cumulative return in cash sums $151,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,563/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89801, Elko, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 6,452 (59.7%) |
| Renter Occupied HU | 3,506 (32.4%) |
| Vacant Housing Units | 849 ( 7.9%) |
| Median Home Value | $337,031 |
| Average Home Value | $386,280 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
9,892
Multi-Family
398
Businesses
1,044
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