3223 Kitchen DrCarson CityNV89701
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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 Carson City at 3223 Kitchen Dr, Carson City, NV, 89701 offers a 6.96% rental yield on a $515,000 purchase with $2,988/mo rent. Total monthly income registers $2,988/mo, and a $2,521/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $145/yr on $169,435 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 103.57% and total cumulative return in cash at $175,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,988/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89701, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,195 (100%) |
| Owner Occupied HU | 6,657 (59.5%) |
| Renter Occupied HU | 3,985 (35.6%) |
| Vacant Housing Units | 553 ( 4.9%) |
| Median Home Value | $443,709 |
| Average Home Value | $480,441 |
Housing Distribution
Address Breakdown
Residential
10,774
Single Family
10,352
Multi-Family
422
Businesses
1,120
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Listed by: Austin Buyak • eXp Realty
Mls Name: NNRMLS
Mls ID: #250054177