1295 Eider CirFallonNV89406
Nearby investment properties with comparable rents
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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
Investment property for sale in Fallon at 1295 Eider Cir, Fallon, NV, 89406 uses $120,832 cash to close to unlock $2,832/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $2,342/mo, and a $1,784/mo payment keeps the spread at $236/mo. Purchase price stands at $364,500, and rental yield measures 7.71% with $2,342/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $100,705 over five years. Five-year ROI reaches 114.91% and total cumulative return in cash records $138,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,342/mo property income covering a $1,784/mo payment rather than investor’s personal income.
Single Family
Built in 2006
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89406, Fallon, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 7,143 (65.3%) |
| Renter Occupied HU | 3,088 (28.2%) |
| Vacant Housing Units | 713 ( 6.5%) |
| Median Home Value | $348,818 |
| Average Home Value | $377,633 |
Housing Distribution
Address Breakdown
Residential
10,701
Single Family
10,425
Multi-Family
276
Businesses
685
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