1625 E 2nd StWinnemuccaNV89445
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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 Winnemucca at 1625 E 2nd St, Winnemucca, NV, 89445 generates $2,429/mo in rent and, after a $1,933/mo payment, leaves $147/mo in cash flow. Total monthly income is $2,429/mo, and annual cash flow is $1,765/yr on $130,943 invested. Return on cash invested sits at 21.26% in year one, and rental yield is 7.38% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 109.55% and total cumulative return in cash sums $143,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,429/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
8.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89445, Winnemucca, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,576 (100%) |
| Owner Occupied HU | 4,851 (64.0%) |
| Renter Occupied HU | 1,822 (24.0%) |
| Vacant Housing Units | 903 (11.9%) |
| Median Home Value | $321,208 |
| Average Home Value | $359,246 |
Housing Distribution
Address Breakdown
Residential
6,720
Single Family
6,720
Multi-Family
0
Businesses
500
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Listed by: Michael Andrews • RE/MAX Great Basin Realty
Mls Name: NNRMLS
Mls ID: #250056139