3 Piute Valley DrSearchlightNV89039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Searchlight at 3 Piute Valley Dr, Searchlight, NV, 89039 priced at $169,900 converts $1,470/mo rent into $488/mo cash flow after a $832/mo obligation. Total monthly income equals $1,470/mo, and annual cash flow totals $5,855/yr on $56,322 invested. Return on cash invested prints 30.3% in year one, and rental yield reads 10.38% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 158.05% and total cumulative return in cash sums $89,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,470/mo property income covering a $832/mo payment, not borrower’s personal income.
Manufactured
Built in 1976
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89039, Cal Nev Ari, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 184 (100%) |
| Owner Occupied HU | 90 (48.9%) |
| Renter Occupied HU | 47 (25.5%) |
| Vacant Housing Units | 47 (25.5%) |
| Median Home Value | $103,571 |
| Average Home Value | $271,389 |
Housing Distribution
Address Breakdown
Residential
33
Single Family
33
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: Jill Amsel • Realty ONE Group, Inc
Mls Name: GLVAR
Mls Provider:
Mls ID: #2561974
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