37 Conner WayGardnervilleNV89410
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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 Gardnerville at 37 Conner Way, Gardnerville, NV, 89410 offers $2,712/mo rent that, after a $2,144/mo payment, leaves $181/mo cash flow. Total monthly income is $2,712/mo, and annual cash flow is $2,173/yr on $145,197 cash. Return on cash invested measures 21.41% in year one, and rental yield stands at 7.43% at a $438,000 entry. Equity gained on principal adds $2,826/yr while 5% annual appreciation compounds into $121,011 by year five. Five-year ROI records 110.35% and total cumulative return in cash reaches $160,230. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,712/mo property income versus a $2,144/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89410, Gardnerville, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,369 (100%) |
| Owner Occupied HU | 3,586 (66.8%) |
| Renter Occupied HU | 1,403 (26.1%) |
| Vacant Housing Units | 380 ( 7.1%) |
| Median Home Value | $632,858 |
| Average Home Value | $698,413 |
Housing Distribution
Address Breakdown
Residential
4,949
Single Family
4,793
Multi-Family
156
Businesses
565
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Listed by: Amanda Moline • RE/MAX Gold-Carson Valley
Mls Name: NNRMLS
Mls ID: #250053815