218 Albany AveCarson CityNV89703
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 218 Albany Ave, Carson City, NV, 89703 in Carson City the bet is firmly on appreciation. Rental yield 5.97%. The 5.97% gross yield on a $395,000 price is below income-first thresholds, but 5%/yr value growth projects $109,131 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.30) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $151,248.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 4.8% |
| Monthly Cash Flow | $(372) | $285 |
City averages based on Carson City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,315 |
| Total Monthly Debt Service | $2,125 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
6,534 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
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
Single Family
Built in 1960
6,534 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: N/A • N/A
Mls Name: NNRMLS
Mls ID: #250050160