FOR_SALERisky Deal48 days on market

116 Rice St

116 Rice St, Carson City, NV 89706, Carson City, NV 89706
$700,000
Zestimate®:$683,400

Listing Price

Property image 1
116 Rice St, Carson City, NV 89706
Loc: Carson City, NV
Days Listed
48
Tax Assessed
$165k
Zestimate®
$683k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$2,313/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Grace Bordewich Mildred Bray Elementary School

PK-5
0.7 mi away
5

Carson Middle School

6-8
0.9 mi away
5

Carson High School

9-12
1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.25%
Total ROI
5.9%
Cash Flow
$-1,643/mo
DSCR
0.54
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-21Price change$698,000$393
2026-08-05Listed for sale$700,000$394
2026-07-06Contingent$700,000$394
2026-06-22Listed for sale$700,000$394
2021-02-21Listing removed$479,000$270
2021-02-21Pending sale$479,000$270
2021-02-19Sold$450,000$253
2021-01-21Contingent$479,000$270
2021-01-21Pending sale$479,000$270
2020-12-09Listed for sale$479,000$270
2020-10-28Pending sale$479,000$270
2020-10-01Price change$479,000$270
2020-07-07Price change$499,000$281
2020-05-19Price change$525,000$296
2020-05-07Listed for sale$549,000$309
2020-04-30Pending sale$549,000$309
2020-03-06Listed for sale$549,000$309

Tax History

YearProperty TaxTax Assessment
2025$1,040.26$57,842
2024$990.56$57,115
2023$962.09$51,014
2022$934.21$41,987
2021$865.17$38,480
2019$865.17$32,747
2018$813.98$29,571
2017$790.27$28,083
2016$767.25$26,697
2015$748.54$26,764
2014$724.6$23,985
2013$274$22,523
2012$274$26,341
2011$274$29,502
2010$274$34,645
2009$326$36,079
2008$386$35,008
2007$436$27,728
2006$0$27,728
2005$0$22,957
2004$0$20,385
2003$0$20,127
2002$0$20,390
2001$392$20,238
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,776
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $700,000Rent Basis: Observed Comp Model ($2,313/mo)State Tax Benchmark: 0.6% (NV)Hazard Reserve: $204/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.56%

NOI: $17,933/yr

Cash-on-Cash Yield
-15.9%

On $161,000 invested

DSCR Ratio
0.41x

Negative debt coverage

5-Yr Leveraged ROI
+14.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.6% of basis)-$83/mo
Homeowner / Hazard Insurance-$204/mo
Vacancy Reserve (5% of rent)-$116/mo
Repairs & Maintenance (10% of rent)-$231/mo
Property Management (8% of rent)-$185/mo
Total Pure Operating Expenses-$819/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,313/mo
Less: Operating Expenses-$819/mo
Net Operating Income (NOI)+$1,494/mo
Less: Debt Service (30yr @ 6.75%)-$3,632/mo
Net Cash Flow
$-2,138/mo
$-25,653/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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