319 Lee StCarson CityNV89706
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 319 Lee St, Carson City, NV, 89706 in Carson City fits: $419,000, 4.98% gross yield, and a projected 5% annual appreciation rate adding $115,762 in value within five years. Rental yield 4.98%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.92) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,859/yr in principal paydown and $115,762 in appreciation project a total return of $114,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 4.8% |
| Monthly Cash Flow | $(681) | $285 |
City averages based on Carson City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,740 |
| Total Monthly Debt Service | $2,254 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1966
5,227 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
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
Multi Family
Built in 1966
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Kudrna • Intero
Mls Name: NNRMLS
Mls ID: #260001643