1325 Jones StRenoNV89503
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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 1325 Jones St, Reno, NV, 89503 listed at $306,270 pairs $3,905/mo rent with a $1,499/mo payment to leave $1,435/mo cash flow. Total monthly income runs $3,905/mo, and annual cash flow reaches $17,226/yr on $101,529 cash to close. Return on cash invested measures 36.88% in year one, and rental yield registers 15.3% at a $306,270 basis. Equity gained on principal adds $1,976/yr, and annual property appreciation at 5% supports $84,617 by year five. Five-year ROI tracks 196.31% and total cumulative return in cash totals $199,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,905/mo property income relative to a $1,499/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
43.56 sqft lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89503, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,891 (100%) |
| Owner Occupied HU | 6,014 (43.3%) |
| Renter Occupied HU | 6,842 (49.3%) |
| Vacant Housing Units | 1,035 ( 7.5%) |
| Median Home Value | $491,907 |
| Average Home Value | $559,867 |
Housing Distribution
Address Breakdown
Residential
12,606
Single Family
10,268
Multi-Family
2,338
Businesses
607
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Listed by: Alan Hoffman • HomeGate Realty of Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250057653
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