321 Ski Way #96Incline VillageNV89451
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 321 Ski Way #96, Incline Village, NV, 89451 in Incline Village hard to pass up. The 10.32% gross yield on a $585,000 purchase results in $5,030/mo in rent and $925/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.91). Annual cash flow of $11,104, five-year appreciation of $161,625, and $5,388/yr in equity build-up combine for a projected total cumulative return of $283,455.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $925 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,030 |
| Total Monthly Debt Service | $3,872 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1970
N/A lot
$N/A/sqft
$725 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89451, Incline Village, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,083 (42.7%) |
| Renter Occupied HU | 1,048 (14.5%) |
| Vacant Housing Units | 3,081 (42.7%) |
| Median Home Value | $1,284,420 |
| Average Home Value | $1,386,087 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
352
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$725 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89451, Incline Village, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,083 (42.7%) |
| Renter Occupied HU | 1,048 (14.5%) |
| Vacant Housing Units | 3,081 (42.7%) |
| Median Home Value | $1,284,420 |
| Average Home Value | $1,386,087 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mimi Komito • Berkshire Hathaway HomeService
Mls Name: INCMLS
Mls Provider:
Mls ID: #1018321
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.