303 Elks Point RdZephyr CoveNV89448
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 Zephyr Cove at 303 Elks Point Rd, Zephyr Cove, NV, 89448 priced at $1,599,000 pairs $4,273/mo rent with after a $7,826/mo payment. Total monthly income equals $4,273/mo. Return on cash invested is 8.87% in year one, and rental yield stands at 3.21% on a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and 5% annual appreciation accumulates to $441,774 by year five. Five-year ROI measures 42.99% and total cumulative return in cash reaches $222,709. For financing, Ziffy Mortgage’s DSCR program evaluates $4,273/mo property income against a $7,826/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89448, Zephyr Cove, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,658 (100%) |
| Owner Occupied HU | 713 (43.0%) |
| Renter Occupied HU | 207 (12.5%) |
| Vacant Housing Units | 738 (44.5%) |
| Median Home Value | $1,365,152 |
| Average Home Value | $1,452,083 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
260
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Nearby investment properties with comparable prices
Listed by: Bradley Petersen • Nevada LFW Inc.
Mls Name: NNRMLS
Mls ID: #250051341