337 Court StFallonNV89406
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
Investment Highlights
Investment property for sale in Fallon at 337 Court St, Fallon, NV, 89406 at $227,000 posts ROI 22.99% with $193/mo cash flow from $1,505/mo rent. Total monthly income equals $1,505/mo, and annual cash flow records $2,322/yr on $75,251 to close. Return on cash invested measures 22.99% and rental yield reads 7.96% at the current $227,000. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 by year five. Five-year ROI prints 118.88% and total cumulative return in cash totals $89,461.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,505/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89406, Fallon, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 7,143 (65.3%) |
| Renter Occupied HU | 3,088 (28.2%) |
| Vacant Housing Units | 713 ( 6.5%) |
| Median Home Value | $348,818 |
| Average Home Value | $377,633 |
Housing Distribution
Address Breakdown
Residential
10,701
Single Family
10,425
Multi-Family
276
Businesses
685
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Nearby investment properties with comparable prices
Listed by: Steve O'Brien • RE/MAX Professionals-Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250056737
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