1831 N Division StCarson CityNV89703
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 Carson City at 1831 N Division St, Carson City, NV, 89703 offers a 7.84% rental yield on a $450,000 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $2,203/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,074/yr on $149,175 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 116.96% and total cumulative return in cash at $174,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89703, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,676 (100%) |
| Owner Occupied HU | 3,569 (62.9%) |
| Renter Occupied HU | 1,818 (32.0%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $579,584 |
| Average Home Value | $619,399 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
4,698
Multi-Family
437
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Jo Brummer • RE/MAX Gold-Carson City
Mls Name: NNRMLS
Mls ID: #260000781