3408 Northgate LnCarson CityNV89706
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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 $2,404/mo, and a $2,068/mo payment. Purchase price stands at $422,500, and rental yield measures 6.83% with $2,404/mo rent. Return on cash invested shows 19.59% in year one, and 5% annual appreciation builds toward $116,729 over five years. Five-year ROI reaches 100.59% and total cumulative return in cash records $140,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $2,068/mo payment rather than investor’s personal income.
Single Family
Built in 1974
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89706, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,268 (100%) |
| Owner Occupied HU | 5,060 (54.6%) |
| Renter Occupied HU | 3,725 (40.2%) |
| Vacant Housing Units | 483 ( 5.2%) |
| Median Home Value | $367,645 |
| Average Home Value | $379,047 |
Housing Distribution
Address Breakdown
Residential
8,637
Single Family
7,370
Multi-Family
1,267
Businesses
1,033
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Listed by: Koerner Group • eXp
Mls Name: NNRMLS
Mls ID: #250056800