1260 Plumas StRenoNV89509
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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 1260 Plumas St, Reno, NV, 89509 offers a 5.51% rental yield on a $415,000 purchase with $1,907/mo rent. 63% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 79.37% and total cumulative return in cash at $109,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,907/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
3,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89509, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 9,041 (50.5%) |
| Renter Occupied HU | 7,979 (44.6%) |
| Vacant Housing Units | 879 ( 4.9%) |
| Median Home Value | $704,008 |
| Average Home Value | $783,053 |
Housing Distribution
Address Breakdown
Residential
16,680
Single Family
13,614
Multi-Family
3,066
Businesses
1,226
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Listed by: Michelle Ward • Dwellnv
Mls Name: INCMLS
Mls Provider:
Mls ID: #1017999
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.