872 Tanager St #61Incline 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 872 Tanager St #61, Incline Village, NV, 89451 offers a 7.17% rental yield on a $365,000 purchase with $2,182/mo rent. Total monthly income registers $2,182/mo, and a $1,786/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $883/yr on $120,998 to close, and return on cash invested stands at 20.64% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 106.21% and total cumulative return in cash at $128,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,182/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
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: Christine Perry • Christie's Sereno
Mls Name: INCMLS
Mls ID: #1018588