1702 Chiquita CirMindenNV89423
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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 Minden at 1702 Chiquita Cir, Minden, NV, 89423 generates $4,121/mo in rent, after a $5,457/mo payment. Total monthly income is $4,121/mo. Return on cash invested sits at 12.53% in year one, and rental yield is 4.44% on a $1,115,000 entry. Equity gained on principal adds $7,195/yr, while 5% annual appreciation builds toward $308,054 over five years. Five-year ROI reaches 62.67% and total cumulative return in cash sums $226,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,121/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
$40 monthly 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
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