12360 Rocky Mountain StRenoNV89506
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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
Rental property for sale in Reno at 12360 Rocky Mountain St, Reno, NV, 89506 generates $2,940/mo in rent and, after a $1,610/mo payment, leaves $1,039/mo in cash flow. Total monthly income is $2,940/mo, and annual cash flow is $12,473/yr on $109,064 invested. Return on cash invested sits at 31.35% in year one, and rental yield is 10.72% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 163.65% and total cumulative return in cash sums $178,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.
Townhouse
Built in 1950
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89506, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,872 (100%) |
| Owner Occupied HU | 12,467 (69.8%) |
| Renter Occupied HU | 4,575 (25.6%) |
| Vacant Housing Units | 830 ( 4.6%) |
| Median Home Value | $466,488 |
| Average Home Value | $527,550 |
Housing Distribution
Address Breakdown
Residential
17,169
Single Family
16,944
Multi-Family
225
Businesses
735
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