13490 Damonte View LnRenoNV89511
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.94% gross rental yield, 13490 Damonte View Ln, Reno, NV, 89511 in Reno is priced for capital growth, not immediate cash flow. The $1,435,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $396,464 by year five, with $13,216/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.73) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $303,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 4.8% |
| Monthly Cash Flow | $(3,712) | $1,850 |
City averages based on Reno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,717 |
| Total Monthly Debt Service | $7,858 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
0.37 Acres lot
$N/A/sqft
$138 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2011
0.37 Acres lot
$N/A/sqft
$138 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Peplau • Lakeshore Realty
Mls Name: INCMLS
Mls Provider:
Mls ID: #1016826
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.