8826 Coal Mine Canyon RdElkoNV89801
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 8826 Coal Mine Canyon Rd, Elko, NV, 89801 in Elko at $799,000 earns $4,696/mo in rent and nets $79/mo after the $3,593/mo payment, a 7.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $220,749 over five years. Ziffy Mortgage underwrites this on a 1.31 DSCR without U.S. credit history. With $7,359/yr in principal paydown, total projected return reaches $306,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.2% |
| Monthly Cash Flow | $79 | $1,850 |
City averages based on Elko market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,696 |
| Total Monthly Debt Service | $4,299 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
162.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89801, Elko, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 6,452 (59.7%) |
| Renter Occupied HU | 3,506 (32.4%) |
| Vacant Housing Units | 849 ( 7.9%) |
| Median Home Value | $337,031 |
| Average Home Value | $386,280 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
9,892
Multi-Family
398
Businesses
1,044
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
Single Family
Built in 2007
162.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89801, Elko, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 6,452 (59.7%) |
| Renter Occupied HU | 3,506 (32.4%) |
| Vacant Housing Units | 849 ( 7.9%) |
| Median Home Value | $337,031 |
| Average Home Value | $386,280 |
Housing Distribution
Address Breakdown
Residential
10,290
Single Family
9,892
Multi-Family
398
Businesses
1,044
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices