6145 Taft AveElkoNV89801
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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
Rental property for sale in Elko at 6145 Taft Ave, Elko, NV, 89801 priced at $264,000 pairs $1,770/mo rent with $245/mo cash flow after a $1,292/mo payment. Total monthly income equals $1,770/mo, and annual cash flow comes to $2,938/yr on $87,516 invested. Return on cash invested is 23.27% in year one, and rental yield stands at 8.05% on a $264,000 basis. Equity gained on principal adds $1,704/yr, and 5% annual appreciation accumulates to $72,938 by year five. Five-year ROI measures 120.29% and total cumulative return in cash reaches $105,277. For financing, Ziffy Mortgage’s DSCR program evaluates $1,770/mo property income against a $1,292/mo payment instead of your W2s, 1099s, or Tax returns.
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
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Listed by: Melissa McNutt • eXp Realty, LLC
Mls Name: ECMLS
Mls ID: #3625759
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 listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.