321 Ski Way UNIT 16Incline VillageNV89451
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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
Total monthly income runs $4,200/mo, and a $3,891/mo payment. Purchase price stands at $795,000, and rental yield measures 6.34% with $4,200/mo rent. Return on cash invested shows 18.26% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 93.4% and total cumulative return in cash records $244,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No 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
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Listed by: Hayden Haffey • Sierra Sotheby's International
Mls Name: INCMLS
Mls ID: #1018520