41 Condor CirCarson 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
Rental property for sale in Carson City at 41 Condor Cir, Carson City, NV, 89701 priced at $289,000 converts $2,162/mo rent into $492/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,162/mo, and annual cash flow totals $5,901/yr on $95,804 invested. Return on cash invested prints 26.07% in year one, and rental yield reads 8.98% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 135.34% and total cumulative return in cash sums $129,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,162/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
No 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: Leslie Biederman • Chase International-Damonte
Mls Name: NNRMLS
Mls ID: #250054948