705 Elm StCarson CityNV89703
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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 Carson City at 705 Elm St, Carson City, NV, 89703 priced at $524,300 converts $2,080/mo rent into after a $2,566/mo obligation. Total monthly income equals $2,080/mo. Return on cash invested prints 13.46% in year one, and rental yield reads 4.76% against a $524,300 entry. Equity gained on principal adds $3,383/yr, while 5% annual appreciation compiles into $144,854 by year five. Five-year ROI reaches 67.66% and total cumulative return in cash sums $116,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,080/mo property income covering a $2,566/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89703, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,676 (100%) |
| Owner Occupied HU | 3,569 (62.9%) |
| Renter Occupied HU | 1,818 (32.0%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $579,584 |
| Average Home Value | $619,399 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
4,698
Multi-Family
437
Businesses
337
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A