323 Tramway Dr #306StatelineNV89449
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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 323 Tramway Dr #306, Stateline, NV, 89449 projects strong ROI of 1.16%. Rental yield 1.29%. With 5% annual appreciation, the property builds $657,274 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.28%, translating into $17,598 in total cumulative return on $770,796 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2025
1,742 sqft lot
$N/A/sqft
$1,145 monthly 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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Listed by: Mike Leach • Sierra Sotheby's International
Mls Name: NNRMLS
Mls Provider:
Mls ID: #240014000
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