248 Tramway RdIncline VillageNV89451
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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 Incline Village at 248 Tramway Rd, Incline Village, NV, 89451 with 5% annual appreciation on a $1,399,000 basis while $6,109/mo rent supports operations. 14% in year one. Equity gained on principal adds $9,028/yr, and five-year appreciation sums $386,518 alongside rental yield of 5.24%. Five-year ROI measures 76.65% and total cumulative return in cash totals $347,417. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,109/mo property income versus a $6,847/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89451, Incline Village, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,083 (42.7%) |
| Renter Occupied HU | 1,048 (14.5%) |
| Vacant Housing Units | 3,081 (42.7%) |
| Median Home Value | $1,284,420 |
| Average Home Value | $1,386,087 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
352
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Listed by: Lonny Parsons • Coldwell Banker Select
Mls Name: INCMLS
Mls Provider:
Mls ID: #1015607
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.