479 Walker DrWalker 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 479 Walker Dr, Walker Lake, NV, 89415 listed at $198,000 pairs $1,380/mo rent with a $969/mo payment to leave $236/mo cash flow. Total monthly income runs $1,380/mo, and annual cash flow reaches $2,833/yr on $65,637 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 8.36% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 125.51% and total cumulative return in cash totals $82,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1973
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: Bruce Entrekin • Coldwell Banker Select RE M
Mls Name: NNRMLS
Mls ID: #250054024