2623 N Canyon RdLamoilleNV89828
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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 Lamoille at 2623 N Canyon Rd, Lamoille, NV, 89828 listed at $350,000 pairs $1,228/mo rent with a $1,713/mo payment. Total monthly income runs $1,228/mo. Return on cash invested measures 11.7% in year one, and rental yield registers 4.21% 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 58.25% and total cumulative return in cash totals $67,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,228/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1983
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89828, Lamoille, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 61 (100%) |
| Owner Occupied HU | 49 (80.3%) |
| Renter Occupied HU | 8 (13.1%) |
| Vacant Housing Units | 4 ( 6.6%) |
| Median Home Value | $480,769 |
| Average Home Value | $509,184 |
Housing Distribution
Address Breakdown
Residential
22
Single Family
22
Multi-Family
0
Businesses
18
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