588 Humboldt StFallonNV89406
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
Rental property for sale in Fallon at 588 Humboldt St, Fallon, NV, 89406 priced at $269,000 pairs $1,584/mo rent with $29/mo cash flow after a $1,317/mo payment. Total monthly income equals $1,584/mo, and annual cash flow comes to $353/yr on $89,174 invested. Return on cash invested is 20.3% in year one, and rental yield stands at 7.07% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 104.45% and total cumulative return in cash reaches $93,143. For financing, Ziffy Mortgage’s DSCR program evaluates $1,584/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89406, Fallon, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 7,143 (65.3%) |
| Renter Occupied HU | 3,088 (28.2%) |
| Vacant Housing Units | 713 ( 6.5%) |
| Median Home Value | $348,818 |
| Average Home Value | $377,633 |
Housing Distribution
Address Breakdown
Residential
10,701
Single Family
10,425
Multi-Family
276
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Mookini • Sierra Nevada Properties-Frnly
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005524
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. 2025 Northern Nevada Regional Multiple Listing Service MLS. All rights reserved.