3100 Melanie LnCarson CityNV89706
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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
Rental property for sale in Carson City at 3100 Melanie Ln, Carson City, NV, 89706 priced at $349,500 converts $1,607/mo rent into after a $1,711/mo obligation. Total monthly income equals $1,607/mo. Return on cash invested prints 15.63% in year one, and rental yield reads 5.52% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 79.4% and total cumulative return in cash sums $91,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,607/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Manufactured
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89706, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,268 (100%) |
| Owner Occupied HU | 5,060 (54.6%) |
| Renter Occupied HU | 3,725 (40.2%) |
| Vacant Housing Units | 483 ( 5.2%) |
| Median Home Value | $367,645 |
| Average Home Value | $379,047 |
Housing Distribution
Address Breakdown
Residential
8,637
Single Family
7,370
Multi-Family
1,267
Businesses
1,033
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Listed by: David Shriver • Coldwell Banker Select RE CC
Mls Name: NNRMLS
Mls ID: #250056399