11070 Broken Hill RdRenoNV89511
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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
Investment property for sale in Reno at 11070 Broken Hill Rd, Reno, NV, 89511 uses $210,231 cash to close to unlock $6,019/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $4,194/mo, and a $3,128/mo payment keeps the spread at $502/mo. Purchase price stands at $639,000, and rental yield measures 7.88% with $4,194/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 118.44% and total cumulative return in cash records $248,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,194/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89511, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,686 (100%) |
| Owner Occupied HU | 9,139 (66.8%) |
| Renter Occupied HU | 3,860 (28.2%) |
| Vacant Housing Units | 687 ( 5.0%) |
| Median Home Value | $887,736 |
| Average Home Value | $1,035,876 |
Housing Distribution
Address Breakdown
Residential
13,551
Single Family
10,157
Multi-Family
3,394
Businesses
1,980
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