438 Georgene WayWalker LakeNV89415
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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 Walker Lake at 438 Georgene Way, Walker Lake, NV, 89415 listed at $100,000 pairs $803/mo rent with a $489/mo payment to leave $226/mo cash flow. Total monthly income runs $803/mo, and annual cash flow reaches $2,708/yr on $33,150 cash to close. Return on cash invested measures 28.08% in year one, and rental yield registers 9.64% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 146.11% and total cumulative return in cash totals $48,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $803/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89415, Hawthorne, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,015 (100%) |
| Owner Occupied HU | 1,084 (53.8%) |
| Renter Occupied HU | 557 (27.6%) |
| Vacant Housing Units | 374 (18.6%) |
| Median Home Value | $186,290 |
| Average Home Value | $210,337 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
247
Multi-Family
24
Businesses
130
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Listed by: Kyle M Fujimoto • Platinum Real Estate Prof
Mls Name: LVR
Mls ID: #2716214