128 Kennedy DrRenoNV89506
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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 128 Kennedy Dr, Reno, NV, 89506 at $225,000 posts ROI 28.84% with $555/mo cash flow from $1,855/mo rent. Total monthly income equals $1,855/mo, and annual cash flow records $6,663/yr on $74,588 to close. Return on cash invested measures 28.84% and rental yield reads 9.89% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 150.26% and total cumulative return in cash totals $112,077.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,855/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1979
5,227 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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