6145 Taft AveElkoNV89801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 6145 Taft Ave, Elko, NV, 89801 in Elko: $1,770/mo in rent, $245/mo in net income, 8.05% gross yield, 1.49 DSCR, all at $264,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $72,938 in appreciation and $2,431/yr in principal paydown projects total cumulative return of $115,383.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $245 | $1,850 |
City averages based on Elko market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,420 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2006
2.25 Acres 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
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
Manufactured
Built in 2006
2.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices