1700 Mackland AveMindenNV89423
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
Investment property for sale in Minden at 1700 Mackland Ave, Minden, NV, 89423 offers a 7.12% rental yield on a $477,500 purchase with $2,832/mo rent. Total monthly income registers $2,832/mo, and a $2,337/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $879/yr on $158,291 to close, and return on cash invested stands at 20.46% in year one. Equity gained on principal adds $3,081/yr while 5% annual appreciation supports $131,924 over five years. Portfolio math shows five-year ROI at 105.3% and total cumulative return in cash at $166,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,832/mo property income against a $2,337/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89423, Minden, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,113 (100%) |
| Owner Occupied HU | 4,205 (82.2%) |
| Renter Occupied HU | 698 (13.7%) |
| Vacant Housing Units | 210 ( 4.1%) |
| Median Home Value | $695,735 |
| Average Home Value | $785,643 |
Housing Distribution
Address Breakdown
Residential
4,911
Single Family
4,909
Multi-Family
2
Businesses
768
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices