648 S Reese StBattle MountainNV89820
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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 Battle Mountain at 648 S Reese St, Battle Mountain, NV, 89820 uses $46,410 cash to close to unlock $2,848/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $1,046/mo, and a $685/mo payment keeps the spread at $237/mo. Purchase price stands at $140,000, and rental yield measures 8.97% with $1,046/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 135.3% and total cumulative return in cash records $62,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,046/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89820, Battle Mountain, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,378 (100%) |
| Owner Occupied HU | 1,532 (64.4%) |
| Renter Occupied HU | 527 (22.2%) |
| Vacant Housing Units | 319 (13.4%) |
| Median Home Value | $260,469 |
| Average Home Value | $265,352 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
2,085
Multi-Family
0
Businesses
191
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Listed by: Kimberlie Buffington • Nolan Realty & Investments
Mls Name: NNRMLS
Mls ID: #250057634