209 Euclid Ave · Goldfield, NV 89013

$89,500

4 bd · 2.0 ba · 672 sqft · Manufactured · 135 Days on market

Built 1974 Fair condition 6,000 sqft lot $133/sqft · 90% above area ↓ 7% since listing

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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
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +2.0/10.0

Listing remarks MLS

PLEASE DO NOT DISTURB THE TENANTS! Great Investment Opportunity! Seller is motivated! Close to all the amenities of Goldfield. No Building Code or Zoning in Goldfield so the possibilities are endless. The town itself is enriched with history on every street corner. The town is often visited by tourists, ghost hunters, and travelers and with the local mines it brings in working miners as well. This lot features two rented residences, plus an unoccupied RV! 6000 sq ft parcel, with single wide manufactured home is income generating, 672 sq ft with 2 bedrooms and 1 bathroom with W/ D hookups and gas stove. The 2004 5th wheel trailer is also income generating, 431 sq ft, 2 bedrooms, 1 bathroom with lots of windows, W/ D hookups and gas stove. The 3rd is a 2002 Sprinter travel trailer which is not hooked up to utilities. There is also a storage building on the property with electrical, insulation and a window.

Key facts

• Zoning possibilities
• Storage building
• Income generating

Tags

• INVESTMENT OPPORTUNITY
• CLOSE TO AMENITIES
• ZONING POSSIBILITIES
• TWO RENTED RESIDENCES
• INCOME GENERATING
• STORAGE BUILDING

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $90k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $404 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 58/100 on livability (#86 in NV) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: schools C-, crime F, amenities F.
• Esmeralda County School District (rural): math 11% / reading 30% proficiency, ranked #19 of 19 in NV (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 19 active listings in the ZIP.

Forward outlook

• In year one you build about $3k of equity ($619 loan paydown + $3k appreciation (3.0% local appreciation)).
• Esmeralda County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.

Recommended offer $78,760 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 1.45% ✓
• Cap rate: 11.71%
• Cash-on-cash: 19.34%
• DSCR: 1.86
• GRM: 5.8

CMA / ARV

• ARV (median comp): $47,012
• List price: $89,500
• Delta: 90.38%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 25.7%
• Equity multiple: 2.46×
• Total profit: $36,521
• Equity at exit: $40,243

10-year hold

• IRR: 26.4%
• Equity multiple: 4.75×
• Total profit: $94,008
• Equity at exit: $62,019

Cash invested: $25,060 (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 89013

• Active inventory: 19
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,294 medium
• Mortgage (P&I): −$469
• Tax est. 1.5%: −$112 /mo · $1,342/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $404

Break-even live

Break-even rent $783

Max offer price $89,500

Occupancy floor 64%

Sensitivity live

Price	-10% $466	-5% $435	+0% $404	+5% $373	+10% $342
Rent	-10% $302	-5% $353	+0% $404	+5% $455	+10% $506
Rate	-1.0pp $449	-0.5pp $427	base $404	+0.5pp $381	+1.0pp $357

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: $22,375
• Closing costs: $2,685
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-21
   days on market $89,500 Active 135 DOM
2. 2026-06-21
   days on market $89,500 Active 134 DOM
3. 2026-06-18
   days on market $89,500 Active 132 DOM
4. 2026-06-17
   days on market $89,500 Active 131 DOM
5. 2026-06-16
   days on market $89,500 Active 130 DOM
6. 2026-06-15
   days on market $89,500 Active 129 DOM
7. 2026-06-13
   days on market $89,500 Active 127 DOM
8. 2026-06-12
   days on market $89,500 Active 126 DOM
9. 2026-06-09
   days on market $89,500 Active 123 DOM
10. 2026-06-08
    days on market $89,500 Active 122 DOM
11. 2026-06-07
    days on market $89,500 Active 121 DOM
12. 2026-06-07
    days on market $89,500 Active 120 DOM
13. 2026-06-04
    days on market $89,500 Active 117 DOM
14. 2026-06-02
    days on market $89,500 Active 116 DOM
15. 2026-06-01
    days on market $89,500 Active 115 DOM
16. 2026-05-31
    days on market $89,500 Active 114 DOM
17. 2026-04-01
    price $89,500 918-char remark

    Show marketing remark (918 chars)

    PLEASE DO NOT DISTURB THE TENANTS! Great Investment Opportunity! Seller is motivated! Close to all the amenities of Goldfield. No Building Code or Zoning in Goldfield so the possibilities are endless. The town itself is enriched with history on every street corner. The town is often visited by tourists, ghost hunters, and travelers and with the local mines it brings in working miners as well. This lot features two rented residences, plus an unoccupied RV! 6000 sq ft parcel, with single wide manufactured home is income generating, 672 sq ft with 2 bedrooms and 1 bathroom with W/ D hookups and gas stove. The 2004 5th wheel trailer is also income generating, 431 sq ft, 2 bedrooms, 1 bathroom with lots of windows, W/ D hookups and gas stove. The 3rd is a 2002 Sprinter travel trailer which is not hooked up to utilities. There is also a storage building on the property with electrical, insulation and a window.

18. 2026-02-12
    price $99,500 918-char remark

    Show marketing remark (918 chars)

    PLEASE DO NOT DISTURB THE TENANTS! Great Investment Opportunity! Seller is motivated! Close to all the amenities of Goldfield. No Building Code or Zoning in Goldfield so the possibilities are endless. The town itself is enriched with history on every street corner. The town is often visited by tourists, ghost hunters, and travelers and with the local mines it brings in working miners as well. This lot features two rented residences, plus an unoccupied RV! 6000 sq ft parcel, with single wide manufactured home is income generating, 672 sq ft with 2 bedrooms and 1 bathroom with W/ D hookups and gas stove. The 2004 5th wheel trailer is also income generating, 431 sq ft, 2 bedrooms, 1 bathroom with lots of windows, W/ D hookups and gas stove. The 3rd is a 2002 Sprinter travel trailer which is not hooked up to utilities. There is also a storage building on the property with electrical, insulation and a window.

19. 2026-02-06
    listed $95,900 Active 918-char remark

    Show marketing remark (918 chars)

    PLEASE DO NOT DISTURB THE TENANTS! Great Investment Opportunity! Seller is motivated! Close to all the amenities of Goldfield. No Building Code or Zoning in Goldfield so the possibilities are endless. The town itself is enriched with history on every street corner. The town is often visited by tourists, ghost hunters, and travelers and with the local mines it brings in working miners as well. This lot features two rented residences, plus an unoccupied RV! 6000 sq ft parcel, with single wide manufactured home is income generating, 672 sq ft with 2 bedrooms and 1 bathroom with W/ D hookups and gas stove. The 2004 5th wheel trailer is also income generating, 431 sq ft, 2 bedrooms, 1 bathroom with lots of windows, W/ D hookups and gas stove. The 3rd is a 2002 Sprinter travel trailer which is not hooked up to utilities. There is also a storage building on the property with electrical, insulation and a window.

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

Climate risk First Street

• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,529
• − Mortgage interest: −$5,013
• − Property taxes: −$1,342
• − Insurance: −$448
• − Repairs & maintenance: −$1,242
• − Management: −$1,242
• − Depreciation: −$2,604
• Taxable income: $3,638
• Est. tax owed @ 24.0%: −$873
• After-tax cash flow: $3,973/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and maintenance, including painting, flooring, appliances, and bathroom renovation. It has potential for significant value increase with these improvements.

Repairs flagged

• Major Appliances — Old and worn
• Major Bathroom fixtures — Signs of wear
• Major Flooring — Worn and uneven
• Major Paint — Faded and chipped

Value-add opportunities

• Both Painting and repainting — Improves appearance and value
• Both Floor refinishing — Enhances aesthetics and value
• Both Appliance replacement — Modernizes and improves functionality
• Both Bathroom renovation — Enhances functionality and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Appliances · Old and worn	Major	$15,000–50,000
Bathroom fixtures · Signs of wear	Major	$15,000–50,000
Flooring · Worn and uneven	Major	$15,000–50,000
Paint · Faded and chipped	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both Painting and repainting — Improves appearance and value ↑
• Both Floor refinishing — Enhances aesthetics and value ↑
• Both Appliance replacement — Modernizes and improves functionality ↑
• Both Bathroom renovation — Enhances functionality and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Esmeralda County School District
• NCES district ID: 3200150
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 30% ▬ 0.00%
• Median HH income: $37,789
• Composite: 20.35/100
• National rank: #13807
• State rank: #19 of 19 in NV

Livability — Goldfield

• Score: 58/100
• State rank: #86
• US rank: #21242

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Goldfield, NV
• Population (ZIP): 234

Population outlook (Esmeralda County) Hauer SSP2

• Today (2025): 847 people
• By 2030: 887 · +4.7%
• By 2040: 1,050 · +24.0%
• By 2050: 1,239 · +46.3%
• By 2075: 1,625 · +91.9%
• By 2100: 1,845 · +117.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 57% Hispanic / Latino 17% Asian 6% Two or more races 5% Native American 3% Black 1%
• Hispanic origin (detail): Cuban 4%
• Common ancestry: Lithuanian 7% Slovak 5% Serbian 3%
• Foreign-born: 24% · Canada
• Languages at home: 90% English-only · Tagalog/Filipino 6% Spanish 4%

Political lean MEDSL · Esmeralda

• 2024 margin: Solid R (+65.7) · D 15.8% · R 81.6% · Other 2.6%
• 2008→2024 swing: -19.1pp toward R · 2008: -46.6pp · 2024: -65.7pp
• All cycles: 2024: R+65.7 2020: R+66.9 2016: R+62.4 2012: R+51.7 2008: R+46.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

-6.7% since first listed

3 events — show timeline

• 2026-04-01 Price Changed $89,500 GLVAR
• 2026-02-12 Price Changed $99,500 GLVAR
• 2026-02-06 Listed $95,900 GLVAR