931 Incline Way #231Incline 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
Total monthly income runs $3,710/mo, and a $4,650/mo payment. Purchase price stands at $950,000, and rental yield measures 4.69% with $3,710/mo rent. Return on cash invested shows 13.23% in year one, and 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 66.44% and total cumulative return in cash records $207,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,710/mo property income covering a $4,650/mo payment rather than investor’s personal income.
Condo
Built in 1989
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: Teresa Di Loreto • Challenger Real Estate Service
Mls Name: INCMLS
Mls ID: #1018569