773 Juniper St · Elko, NV 89801

$249,999

4 bd · 2.0 ba · 2,899 sqft · SingleFamily public records · 120 Days on market

Built 1932 5,009 sqft lot $86/sqft · 35% below area Est $382k · 34% under

---

Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunities like this are rare in Elko's sought-after central district. Located at 773 Juniper St, this property has been expertly demoed and cleared, offering a true blank slate for your next project. Forget the months of waiting for architects and engineers; this sale includes full stamped engineered plans for a stunning 5-bedroom, 3.5-bath modern residence. The proposed design features an expansive open-concept flow, perfect for contemporary living. Situated on a prime lot with a detached garage and convenient alley access, the site is ready for you to pull the trigger. Whether you are an investor looking for your next high-margin flip or a homeowner ready to build your dream home in the heart of town, the groundwork has already been laid.

Key facts

• Alley access
• Prime lot
• Detached garage

Tags

• STAMPED ENGINEERED PLANS
• DETACHED GARAGE
• ALLEY ACCESS
• PRIME LOT

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $2k ($20k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $250k).
• Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
• Cap rate 14.1% vs local median 3.0% in Elko — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#11 in NV, #3,528 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, cost of living A; Watch: crime C-, health & safety C-, commute D-.
• Elko County School District (town): math 22% / reading 38% proficiency, ranked #9 of 17 in NV (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 280 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 120 units permitted in Elko County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Elko County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $70k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 120 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,499 (9.0% below list)

Questions for the listing agent

1. It's been on market 120 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.60% ✓
• Cap rate: 14.11%
• Cash-on-cash: 27.93%
• DSCR: 2.24
• GRM: 5.2

CMA / ARV

• ARV (median comp): $381,669
• List price: $249,999
• Delta: -34.50%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
145 Cedar St	0.46mi	4/2.0	3,020 (+4%)	2mo	$460,000	$152	70
364 Maple St	0.39mi	3/3.0 (-1)	3,036 (+5%)	9mo	$379,900	$125	58
555 13th St	0.36mi	4/2.0	2,634 (-9%)	14mo	$385,000	$146	56
1376 8th St	0.37mi	4/3.0	2,704 (-7%)	21mo	$399,999	$148	50
1476 4th St	0.49mi	3/3.0 (-1)	2,717 (-6%)	12mo	$385,000	$142	48
665 Wilson Ave	0.71mi	4/2.0	2,844 (-2%)	21mo	$405,000	$142	46
1149 Highland Dr	0.71mi	3/2.0 (-1)	2,844 (-2%)	19mo	$320,000	$113	43
386 W Fir St	0.73mi	4/3.0	2,484 (-14%)	7mo	$390,000	$157	32
154 W Maple St	0.65mi	3/2.0 (-1)	2,470 (-15%)	10mo	$349,900	$142	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.0%
• Equity multiple: 1.90×
• Total profit: $63,193
• Equity at exit: $37,276

10-year hold

• IRR: 30.1%
• Equity multiple: 3.69×
• Total profit: $188,393
• Equity at exit: $21,615

Cash invested: $70,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 71 Landlord-Friendly
• State Nevada: 71 Landlord-Friendly · R+1
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; Clark County (Vegas) had pandemic backlogs; generally landlord-friendly but courts slow.

Methodology + full state rankings →

ZIP-level market 89801

• Active inventory: 280
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $4,000 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$116 /mo · $1,388/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$840
• Net cashflow: $1,629

Break-even live

Break-even rent $1,938

Max offer price $249,999

Occupancy floor 54%

Sensitivity live

Price	-10% $1,771	-5% $1,700	+0% $1,629	+5% $1,558	+10% $1,488
Rent	-10% $1,313	-5% $1,471	+0% $1,629	+5% $1,787	+10% $1,945
Rate	-1.0pp $1,755	-0.5pp $1,693	base $1,629	+0.5pp $1,564	+1.0pp $1,499

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
212 Palmers Ct Elko, NV	4.0	2.5	2970	$4,000	$1.35	44d	1	1.36mi

Listing history 22 events

1. 2026-06-19
   days on market $249,999 Active 120 DOM
2. 2026-06-18
   days on market $249,999 Active 119 DOM
3. 2026-06-17
   days on market $249,999 Active 118 DOM
4. 2026-06-16
   days on market $249,999 Active 117 DOM
5. 2026-06-15
   days on market $249,999 Active 116 DOM
6. 2026-06-14
   days on market $249,999 Active 114 DOM
7. 2026-06-12
   days on market $249,999 Active 113 DOM
8. 2026-06-09
   days on market $249,999 Active 110 DOM
9. 2026-06-08
   days on market $249,999 Active 109 DOM
10. 2026-06-07
    days on market $249,999 Active 108 DOM
11. 2026-06-07
    days on market $249,999 Active 107 DOM
12. 2026-06-04
    days on market $249,999 Active 104 DOM
13. 2026-06-02
    days on market $249,999 Active 103 DOM
14. 2026-06-01
    days on market $249,999 Active 102 DOM
15. 2026-05-31
    days on market $249,999 Active 101 DOM
16. 2026-05-31
    days on market $249,999 Active 100 DOM
17. 2026-02-19
    listed $249,999 Active 754-char remark

    Show marketing remark (754 chars)

    Opportunities like this are rare in Elko's sought-after central district. Located at 773 Juniper St, this property has been expertly demoed and cleared, offering a true blank slate for your next project. Forget the months of waiting for architects and engineers; this sale includes full stamped engineered plans for a stunning 5-bedroom, 3.5-bath modern residence. The proposed design features an expansive open-concept flow, perfect for contemporary living. Situated on a prime lot with a detached garage and convenient alley access, the site is ready for you to pull the trigger. Whether you are an investor looking for your next high-margin flip or a homeowner ready to build your dream home in the heart of town, the groundwork has already been laid.

18. 2021-09-17
    soldstatus $265,000 1097-char remark

    Show marketing remark (1097 chars)

    A beautiful tree street home that has been shown a TON of love and has so much history! Hardwood floors throughout the main level with 9 foot ceilings and a lot of natural light through the large windows. 2 bedrooms on the main level with a large den area/family room with a wood burning stove, and a recently renovated bath. Kitchen area has lots of storage and space for a dinning nook or coffee bar! Upstairs offers 2 more large bedrooms, one with a lovely built in desk area, a large loft area perfect for a family or game room with a half bath off the side. Built in Bookcases make it the perfect place for a library or home school space! The full basement could be used as an additional family room with tons of space for storage with built in shelving, and another room of the living area can be used as a hobby room or play area! There is also a single car detached garage with an extra long drive offering ample off street parking! The current owners have updated paint, flooring, some appliances, and so much more throughout this home! This house has so much Charm, It is a must see!

19. 2021-09-17
    soldstatus $265,000

    Show marketing remark (1097 chars)

    A beautiful tree street home that has been shown a TON of love and has so much history! Hardwood floors throughout the main level with 9 foot ceilings and a lot of natural light through the large windows. 2 bedrooms on the main level with a large den area/family room with a wood burning stove, and a recently renovated bath. Kitchen area has lots of storage and space for a dinning nook or coffee bar! Upstairs offers 2 more large bedrooms, one with a lovely built in desk area, a large loft area perfect for a family or game room with a half bath off the side. Built in Bookcases make it the perfect place for a library or home school space! The full basement could be used as an additional family room with tons of space for storage with built in shelving, and another room of the living area can be used as a hobby room or play area! There is also a single car detached garage with an extra long drive offering ample off street parking! The current owners have updated paint, flooring, some appliances, and so much more throughout this home! This house has so much Charm, It is a must see!

20. 2021-06-18
    listed $289,900 1097-char remark

    Show marketing remark (1097 chars)

    A beautiful tree street home that has been shown a TON of love and has so much history! Hardwood floors throughout the main level with 9 foot ceilings and a lot of natural light through the large windows. 2 bedrooms on the main level with a large den area/family room with a wood burning stove, and a recently renovated bath. Kitchen area has lots of storage and space for a dinning nook or coffee bar! Upstairs offers 2 more large bedrooms, one with a lovely built in desk area, a large loft area perfect for a family or game room with a half bath off the side. Built in Bookcases make it the perfect place for a library or home school space! The full basement could be used as an additional family room with tons of space for storage with built in shelving, and another room of the living area can be used as a hobby room or play area! There is also a single car detached garage with an extra long drive offering ample off street parking! The current owners have updated paint, flooring, some appliances, and so much more throughout this home! This house has so much Charm, It is a must see!

21. 2018-12-11
    soldstatus $237,000
22. 2001-12-28
    soldstatus $127,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NV · Resets to sale price

• Current annual tax: $1,388 · $116/mo
• Projected year-2 tax: $1,475 · $123/mo
• Expected delta: +$87/yr (+$7/mo · 6.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 4/10 Moderate 7 d/yr ≥91°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $48,000
• − Mortgage interest: −$14,004
• − Property taxes: −$1,388
• − Insurance: −$1,250
• − Repairs & maintenance: −$3,840
• − Management: −$3,840
• − Depreciation: −$7,273
• Taxable income: $16,406
• Est. tax owed @ 24.0%: −$3,937
• After-tax cash flow: $15,613/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Elko County School District
• NCES district ID: 3200120
• Math proficiency: 22% ▼ -10.00%
• Reading proficiency: 38% ▼ -6.00%
• Median HH income: $70,371
• Composite: 28.09/100
• National rank: #6831
• State rank: #9 of 17 in NV

Livability — Elko

• Score: 76/100
• State rank: #11
• US rank: #3528

Category grades

Amenities B Commute D- Cost of living A Crime C- Employment A+ Housing A+ Health & safety C- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Elko, NV
• Population (ZIP): 26,070

Population outlook (Elko County) Hauer SSP2

• Today (2025): 56,797 people
• By 2030: 59,107 · +4.1%
• By 2040: 63,513 · +11.8%
• By 2050: 66,996 · +18.0%
• By 2075: 73,785 · +29.9%
• By 2100: 72,352 · +27.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 61% Hispanic / Latino 27% Two or more races 15% Native American 5% Asian 2% Black 1%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Dutch 2% Italian 2% Portuguese 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 82% English-only · Spanish 15% Chinese 1%

Political lean MEDSL · Elko

• 2024 margin: Solid R (+56.6) · D 20.6% · R 77.2% · Other 2.1%
• 2008→2024 swing: -16.2pp toward R · 2008: -40.5pp · 2024: -56.6pp
• All cycles: 2024: R+56.6 2020: R+55.5 2016: R+54.7 2012: R+53.2 2008: R+40.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -122.07%
• Current HPI: 146.8186
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.08%
• F500 in state: 6

Industry mix (Fortune 500 HQ in NV)

Industry	F500 HQs	Revenue
▸Hotels / Casinos	3	$36B

Price history

+96.1% since first listed

6 events — show timeline

• 2026-02-19 Listed $249,999 ECRMLS
• 2021-09-17 Sold (Public Records) $265,000 Public Records
• 2021-09-17 Sold (MLS) $265,000 ECRMLS
• 2021-06-18 Listed $289,900 ECRMLS
• 2018-12-11 Sold (Public Records) $237,000 Public Records
• 2001-12-28 Sold (Public Records) $127,500 Public Records

Property tax history

+5.2%/yr

Latest (2025): $1,388 · +5.7% YoY. Source: county tax records.