4203 Shelbyville DrCarson 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 4203 Shelbyville Dr, Carson City, NV, 89701 generates $1,902/mo in rent and, after a $1,591/mo payment, leaves $24/mo in cash flow. Total monthly income is $1,902/mo, and annual cash flow is $287/yr on $107,738 invested. Return on cash invested sits at 20.18% in year one, and rental yield is 7.02% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 103.73% and total cumulative return in cash sums $111,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,902/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
2,613 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: Meredith Hyman • Elevate Realty
Mls Name: NNRMLS
Mls ID: #260000077