131 Tramway RdIncline VillageNV89451
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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 Incline Village at 131 Tramway Rd, Incline Village, NV, 89451 priced at $1,850,000 pairs $5,842/mo rent with after a $9,055/mo payment. Total monthly income equals $5,842/mo. Return on cash invested is 10.67% in year one, and rental yield stands at 3.79% on a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and 5% annual appreciation accumulates to $511,121 by year five. Five-year ROI measures 52.62% and total cumulative return in cash reaches $315,409. For financing, Ziffy Mortgage’s DSCR program evaluates $5,842/mo property income against a $9,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89451, Incline Village, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,083 (42.7%) |
| Renter Occupied HU | 1,048 (14.5%) |
| Vacant Housing Units | 3,081 (42.7%) |
| Median Home Value | $1,284,420 |
| Average Home Value | $1,386,087 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
352
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Listed by: Amie Quirarte • Chase International
Mls Name: INCMLS
Mls ID: #1018439