4 Calaneva Dr #11Crystal 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
Investment property for sale in Crystal Bay at 4 Calaneva Dr #11, Crystal Bay, NV, 89402 offers a 7.82% rental yield on a $899,000 purchase with $5,860/mo rent. Total monthly income registers $5,860/mo, and a $4,400/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,991/yr on $295,771 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 117.55% and total cumulative return in cash at $347,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,860/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
N/A 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: Jenna Rose Madrid • Lakeshore Realty
Mls Name: INCMLS
Mls ID: #1018135