255 Elm StGerlachNV89412
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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 Gerlach at 255 Elm St, Gerlach, NV, 89412 listed at $350,000 pairs $2,869/mo rent with a $1,713/mo payment to leave $847/mo cash flow. Total monthly income runs $2,869/mo, and annual cash flow reaches $10,162/yr on $116,025 cash to close. Return on cash invested measures 28.67% in year one, and rental yield registers 9.84% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 149.26% and total cumulative return in cash totals $173,174. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,869/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89412, Gerlach, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 188 (100%) |
| Owner Occupied HU | 59 (31.4%) |
| Renter Occupied HU | 56 (29.8%) |
| Vacant Housing Units | 73 (38.8%) |
| Median Home Value | $235,976 |
| Average Home Value | $263,136 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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