277 Blue Spruce StPiocheNV89043
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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 Pioche at 277 Blue Spruce St, Pioche, NV, 89043 uses $149,175 cash to close to unlock $1,734/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $2,745/mo, and a $2,203/mo payment keeps the spread at $145/mo. Purchase price stands at $450,000, and rental yield measures 7.32% with $2,745/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 108.54% and total cumulative return in cash records $161,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,745/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89043, Pioche, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 389 (54.1%) |
| Renter Occupied HU | 96 (13.4%) |
| Vacant Housing Units | 234 (32.5%) |
| Median Home Value | $329,812 |
| Average Home Value | $320,630 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
63
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Listed by: Bonnie R. Jacobsen • Local Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2618055
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