870 Southwood Blvd #3Incline 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 870 Southwood Blvd #3, Incline Village, NV, 89451 at $569,900 posts ROI 14.69% with from $3,094/mo rent. Total monthly income equals $3,094/mo. Return on cash invested measures 14.69% and rental yield reads 6.51% at the current $569,900. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 by year five. Five-year ROI prints 75.78% and total cumulative return in cash totals $142,086. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,094/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1965
N/A lot
$N/A/sqft
$640 monthly 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: Matthew B Biscotti • Coldwell Banker Select R.E.
Mls Name: STAOR
Mls Provider:
Mls ID: #141008
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright South Tahoe Association of Realtors. Based on information from the South Tahoe Association of REALTORS MLS as of 2024-02-06 10:55:15 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.