6256 Gettysburg AveElkoNV89801
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 Elko at 6256 Gettysburg Ave, Elko, NV, 89801 generates $1,770/mo in rent and, after a $1,126/mo payment, leaves $441/mo in cash flow. Total monthly income is $1,770/mo, and annual cash flow is $5,290/yr on $76,245 invested. Return on cash invested sits at 26.85% in year one, and rental yield is 9.23% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 139.5% and total cumulative return in cash sums $106,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
5.06 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