982 Ridgeview DrCarson CityNV89705
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.37% yield at 982 Ridgeview Dr, Carson City, NV, 89705 in Carson City is solid, but the $1,978/mo payment compresses net cash flow to $158/mo at $439,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $121,536 by year five, and $4,052/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.37) without U.S. income documentation. Total projected return: $176,240.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.8% |
| Monthly Cash Flow | $158 | $285 |
City averages based on Carson City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,700 |
| Total Monthly Debt Service | $2,367 |
| DSCR Ratio | 1.14x |
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 1994
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89705, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 1,911 (74.0%) |
| Renter Occupied HU | 560 (21.7%) |
| Vacant Housing Units | 110 ( 4.3%) |
| Median Home Value | $561,087 |
| Average Home Value | $672,988 |
Housing Distribution
Address Breakdown
Residential
2,352
Single Family
2,271
Multi-Family
81
Businesses
107
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 1994
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89705, Carson City, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 1,911 (74.0%) |
| Renter Occupied HU | 560 (21.7%) |
| Vacant Housing Units | 110 ( 4.3%) |
| Median Home Value | $561,087 |
| Average Home Value | $672,988 |
Housing Distribution
Address Breakdown
Residential
2,352
Single Family
2,271
Multi-Family
81
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NNRMLS
Mls ID: #260000014