1345 Oak StElkoNV89801
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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 Elko at 1345 Oak St, Elko, NV, 89801 earns $290/mo cash flow from $2,156/mo rent with a $1,581/mo payment. Total monthly income totals $2,156/mo, and annual cash flow totals $3,476/yr on $107,075 capital. ROI tracks 23.16% on current figures, and rental yield reads 8.01% at a $323,000 purchase. Equity gained on principal adds $2,084/yr, and 5% annual appreciation supports $89,239 over five years. Five-year ROI reaches 119.71% and total cumulative return in cash sums $128,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,156/mo property income instead of your personal income.
Single Family
Built in 1953
5,619 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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Listed by: Chantry Harris • LPT Realty, LLC.
Mls Name: ECMLS
Mls ID: #3627083
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.