665 Old Ophir RdWashoe ValleyNV89704
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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 Washoe Valley at 665 Old Ophir Rd, Washoe Valley, NV, 89704 generates $1,849/mo in rent, after a $1,640/mo payment. Total monthly income is $1,849/mo. Return on cash invested sits at 18.97% in year one, and rental yield is 6.62% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 97.31% and total cumulative return in cash sums $108,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89704, Washoe Valley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,912 (100%) |
| Owner Occupied HU | 1,672 (87.4%) |
| Renter Occupied HU | 140 ( 7.3%) |
| Vacant Housing Units | 100 ( 5.2%) |
| Median Home Value | $694,126 |
| Average Home Value | $815,888 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,916
Multi-Family
0
Businesses
31
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Listed by: Karen Greathouse • Greathouse Real Estate
Mls Name: NNRMLS
Mls ID: #250055471