313 Tramway Dr #8StatelineNV89449
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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 Stateline at 313 Tramway Dr #8, Stateline, NV, 89449 earns $157/mo cash flow from $2,035/mo rent with a $1,591/mo payment. Total monthly income totals $2,035/mo, and annual cash flow totals $1,883/yr on $107,738 capital. ROI tracks 21.66% on current figures, and rental yield reads 7.51% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash sums $120,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,035/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89449, Stateline, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,201 (100%) |
| Owner Occupied HU | 919 (41.8%) |
| Renter Occupied HU | 576 (26.2%) |
| Vacant Housing Units | 706 (32.1%) |
| Median Home Value | $966,204 |
| Average Home Value | $1,075,650 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
224
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