989 Tahoe Blvd #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
Total monthly income runs $4,740/mo, and a $4,513/mo payment. Purchase price stands at $922,000, and rental yield measures 6.17% with $4,740/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $254,732 over five years. Five-year ROI reaches 78.84% and total cumulative return in cash records $239,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,740/mo property income covering a $4,513/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$595 monthly 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: Victoria Popescu • Lakeshore Realty
Mls Name: INCMLS
Mls Provider:
Mls ID: #1018459
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.