155 Lucille DrWalker LakeNV89415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Walker Lake at 155 Lucille Dr, Walker Lake, NV, 89415 offers $1,951/mo rent that, after a $1,222/mo payment, leaves $508/mo cash flow. Total monthly income is $1,951/mo, and annual cash flow is $6,101/yr on $82,792 cash. Return on cash invested measures 27.28% in year one, and rental yield stands at 9.37% at a $249,750 entry. Equity gained on principal adds $1,612/yr while 5% annual appreciation compounds into $69,001 by year five. Five-year ROI records 141.84% and total cumulative return in cash reaches $117,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,951/mo property income versus a $1,222/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89415, Hawthorne, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,084 (53.8%) |
| Renter Occupied HU | 557 (27.6%) |
| Vacant Housing Units | 374 (18.6%) |
| Median Home Value | $186,290 |
| Average Home Value | $210,337 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
247
Multi-Family
24
Businesses
130
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Listed by: Eric Gothan • Sierra Nevada Properties-Fallo
Mls Name: NNRMLS
Mls ID: #250056783