400 S Saliman Rd APT 115Carson CityNV89701
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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 Carson City at 400 S Saliman Rd APT 115, Carson City, NV, 89701 earns $173/mo cash flow from $1,880/mo rent with a $1,175/mo payment. Total monthly income totals $1,880/mo, and annual cash flow totals $2,076/yr on $79,560 capital. ROI tracks 22.52% on current figures, and rental yield reads 9.4% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 118.03% and total cumulative return in cash sums $93,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,880/mo property income instead of your personal income.
Condo
Built in 1978
871.20 sqft lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89701, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,195 (100%) |
| Owner Occupied HU | 6,657 (59.5%) |
| Renter Occupied HU | 3,985 (35.6%) |
| Vacant Housing Units | 553 ( 4.9%) |
| Median Home Value | $443,709 |
| Average Home Value | $480,441 |
Housing Distribution
Address Breakdown
Residential
10,774
Single Family
10,352
Multi-Family
422
Businesses
1,120
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Listed by: Brenda Sweet • Charles Kitchen Realty
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250000825
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