364 Wassou RdCrystal BayNV89402
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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
Rental property for sale in Crystal Bay at 364 Wassou Rd, Crystal Bay, NV, 89402 priced at $1,200,000 converts $2,528/mo rent into after a $5,873/mo obligation. Total monthly income equals $2,528/mo. Return on cash invested prints 6.77% in year one, and rental yield reads 2.53% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 31.75% and total cumulative return in cash sums $123,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,528/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1968
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89402, Crystal Bay, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 143 (49.1%) |
| Renter Occupied HU | 21 ( 7.2%) |
| Vacant Housing Units | 127 (43.6%) |
| Median Home Value | $1,894,231 |
| Average Home Value | $1,697,028 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
42
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Listed by: Tom Abbott • Engel & Volkers
Mls Name: INCMLS
Mls Provider:
Mls ID: #1016699
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.