3701 CherokeeCarson CityNV89705
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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 Carson City at 3701 Cherokee, Carson City, NV, 89705 priced at $925,000 pairs $4,182/mo rent with after a $4,527/mo payment. Total monthly income equals $4,182/mo. Return on cash invested is 15.48% in year one, and rental yield stands at 5.43% on a $925,000 basis. Equity gained on principal adds $5,969/yr, and 5% annual appreciation accumulates to $255,560 by year five. Five-year ROI measures 78.5% and total cumulative return in cash reaches $238,885. For financing, Ziffy Mortgage’s DSCR program evaluates $4,182/mo property income against a $4,527/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89705, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 1,911 (74.0%) |
| Renter Occupied HU | 560 (21.7%) |
| Vacant Housing Units | 110 ( 4.3%) |
| Median Home Value | $561,087 |
| Average Home Value | $672,988 |
Housing Distribution
Address Breakdown
Residential
2,352
Single Family
2,271
Multi-Family
81
Businesses
107
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Listed by: Jessica Drake • Ink Realty
Mls Name: NNRMLS
Mls ID: #250054369