807 Alder Ave #82Incline VillageNV89451
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
Investment property for sale in Incline Village at 807 Alder Ave #82, Incline Village, NV, 89451 uses $200,690 cash to close to unlock $278/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $3,548/mo, and a $2,986/mo payment keeps the spread at $23/mo. Purchase price stands at $610,000, and rental yield measures 6.98% with $3,548/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 103.84% and total cumulative return in cash records $208,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,548/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89451, Incline Village, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,212 (100%) |
| Owner Occupied HU | 3,083 (42.7%) |
| Renter Occupied HU | 1,048 (14.5%) |
| Vacant Housing Units | 3,081 (42.7%) |
| Median Home Value | $1,284,420 |
| Average Home Value | $1,386,087 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hayden C Haffey • Sierra Sotheby's Int Realty TC
Mls Name: TSMLS
Mls ID: #20252428