495 E Hobson StSearchlightNV89046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Searchlight at 495 E Hobson St, Searchlight, NV, 89046 listed at $349,900 pairs $2,382/mo rent with a $1,713/mo payment to leave $360/mo cash flow. Total monthly income runs $2,382/mo, and annual cash flow reaches $4,319/yr on $115,992 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 8.17% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 122.26% and total cumulative return in cash totals $141,810. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,382/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
2.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89046, Searchlight, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 140 (32.5%) |
| Renter Occupied HU | 144 (33.4%) |
| Vacant Housing Units | 147 (34.1%) |
| Median Home Value | $77,273 |
| Average Home Value | $211,804 |
Housing Distribution
Address Breakdown
Residential
40
Single Family
40
Multi-Family
0
Businesses
23
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Listed by: Kevin Barbarita • Barbarita Realty Consultants
Mls Name: GLVAR
Mls Provider:
Mls ID: #2606338
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