2327 Iron DrElyNV89301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Ely rentals match the income profile of 2327 Iron Dr, Ely, NV, 89301. Listed at $335,000, gross rent is $2,880/mo and net cash flow is $944/mo, a 10.32% yield well above national averages. DSCR 1.91 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $92,554 by year five with $3,085/yr in annual principal reduction, projecting $187,273 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $944 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,880 |
| Total Monthly Debt Service | $1,802 |
| DSCR Ratio | 1.60x |
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 1995
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89301, Ely, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,105 (100%) |
| Owner Occupied HU | 1,869 (60.2%) |
| Renter Occupied HU | 710 (22.9%) |
| Vacant Housing Units | 526 (16.9%) |
| Median Home Value | $269,353 |
| Average Home Value | $280,928 |
Housing Distribution
Address Breakdown
Residential
2,292
Single Family
2,217
Multi-Family
75
Businesses
256
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 1995
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89301, Ely, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,105 (100%) |
| Owner Occupied HU | 1,869 (60.2%) |
| Renter Occupied HU | 710 (22.9%) |
| Vacant Housing Units | 526 (16.9%) |
| Median Home Value | $269,353 |
| Average Home Value | $280,928 |
Housing Distribution
Address Breakdown
Residential
2,292
Single Family
2,217
Multi-Family
75
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
