148 Lake Glen DrCarson CityNV89703
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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 Carson City at 148 Lake Glen Dr, Carson City, NV, 89703 offers $2,120/mo rent that, after a $2,203/mo payment. Total monthly income is $2,120/mo. Return on cash invested measures 16.04% in year one, and rental yield stands at 5.65% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 81.58% and total cumulative return in cash reaches $121,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,120/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89703, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,676 (100%) |
| Owner Occupied HU | 3,569 (62.9%) |
| Renter Occupied HU | 1,818 (32.0%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $579,584 |
| Average Home Value | $619,399 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
4,698
Multi-Family
437
Businesses
337
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Listed by: Jessica Drake • Realty One Group Eminence
Mls Name: NNRMLS
Mls ID: #250057845