202 Summit AveWinnemuccaNV89445
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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
Investment property for sale in Winnemucca at 202 Summit Ave, Winnemucca, NV, 89445 uses $154,148 cash to close to unlock $6,015/yr annual cash flow and $501/mo monthly cash flow. Total monthly income runs $3,188/mo, and a $2,276/mo payment keeps the spread at $501/mo. Purchase price stands at $465,000, and rental yield measures 8.23% with $3,188/mo rent. Return on cash invested shows 23.81% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash records $189,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,188/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1983
10,018 sqft 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: Joree Jacaway • Lindsey Realty
Mls Name: NNRMLS
Mls ID: #250053091