1517 Douglas AveGardnervilleNV89410
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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 Gardnerville at 1517 Douglas Ave, Gardnerville, NV, 89410 listed at $465,000 pairs $1,970/mo rent with a $2,276/mo payment. Total monthly income runs $1,970/mo. Return on cash invested measures 14.33% in year one, and rental yield registers 5.08% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 72.4% and total cumulative return in cash totals $111,599. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,970/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1978
2,178 sqft 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: Sebastian Pinto • RE/MAX Realty Affiliates
Mls Name: NNRMLS
Mls ID: #260000316