88 N Broadway StFallonNV89406
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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 Fallon at 88 N Broadway St, Fallon, NV, 89406 with 5% annual appreciation on a $305,000 basis while $2,029/mo rent supports operations. Total monthly income totals $2,029/mo and a $1,493/mo payment preserves $267/mo for cash returns. Annual cash flow comes to $3,199/yr on $101,108 deployed, and return on cash invested reaches 23.07% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 7.98%. Five-year ROI measures 119.29% and total cumulative return in cash totals $120,610.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,029/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1938
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89406, Fallon, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 7,143 (65.3%) |
| Renter Occupied HU | 3,088 (28.2%) |
| Vacant Housing Units | 713 ( 6.5%) |
| Median Home Value | $348,818 |
| Average Home Value | $377,633 |
Housing Distribution
Address Breakdown
Residential
10,701
Single Family
10,425
Multi-Family
276
Businesses
685
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