807 Alder Ave #89Incline VillageNV89451
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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 Incline Village at 807 Alder Ave #89, Incline Village, NV, 89451 offers a 7.87% rental yield on a $589,900 purchase with $3,870/mo rent. Total monthly income registers $3,870/mo, and a $2,887/mo payment leaves $462/mo available for distribution. Annual cash flow reaches $5,543/yr on $194,077 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 118.39% and total cumulative return in cash at $229,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,870/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
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
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Listed by: Sherine Kuckhoff • Coldwell Banker Select
Mls Name: INCMLS
Mls ID: #1018452