520 12th StElkoNV89801
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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 Elko at 520 12th St, Elko, NV, 89801 offers a 6.42% rental yield on a $362,000 purchase with $1,937/mo rent. 36% in year one. Equity gained on principal adds $2,336/yr while 5% annual appreciation supports $100,014 over five years. Portfolio math shows five-year ROI at 94.04% and total cumulative return in cash at $112,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89801, Elko, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 6,452 (59.7%) |
| Renter Occupied HU | 3,506 (32.4%) |
| Vacant Housing Units | 849 ( 7.9%) |
| Median Home Value | $337,031 |
| Average Home Value | $386,280 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
9,892
Multi-Family
398
Businesses
1,044
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