227 Walker StGardnervilleNV89410
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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 Gardnerville at 227 Walker St, Gardnerville, NV, 89410 offers a 7.02% rental yield on a $389,999 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,909/mo payment leaves $27/mo available for distribution. Annual cash flow reaches $318/yr on $129,285 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 103.63% and total cumulative return in cash at $133,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89410, Gardnerville, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,586 (66.8%) |
| Renter Occupied HU | 1,403 (26.1%) |
| Vacant Housing Units | 380 ( 7.1%) |
| Median Home Value | $632,858 |
| Average Home Value | $698,413 |
Housing Distribution
Address Breakdown
Residential
4,949
Single Family
4,793
Multi-Family
156
Businesses
565
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Listed by: Natalie Jo Cassinelli • RE/MAX Professionals-Dayton
Mls Name: NNRMLS
Mls ID: #250058847