1421 Mission St #1 & 2GardnervilleNV89410
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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 Gardnerville at 1421 Mission St #1 & 2, Gardnerville, NV, 89410 generates $2,340/mo in rent, after a $5,869/mo payment. Total monthly income is $2,340/mo. Return on cash invested sits at 6.2% in year one, and rental yield is 2.34% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 28.66% and total cumulative return in cash sums $111,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89410, Gardnerville, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,586 (66.8%) |
| Renter Occupied HU | 1,403 (26.1%) |
| Vacant Housing Units | 380 ( 7.1%) |
| Median Home Value | $632,858 |
| Average Home Value | $698,413 |
Housing Distribution
Address Breakdown
Residential
4,949
Single Family
4,793
Multi-Family
156
Businesses
565
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Listed by: William Merrill • RE/MAX Realty Affiliates
Mls Name: NNRMLS
Mls ID: #250057317