1402 E 9th St UNIT 2RenoNV89512
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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 1402 E 9th St UNIT 2, Reno, NV, 89512 earns $98/mo cash flow from $1,740/mo rent with a $1,199/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $1,171/yr on $81,217 capital. ROI tracks 21.35% on current figures, and rental yield reads 8.52% at a $244,999 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 111.27% and total cumulative return in cash sums $90,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
$227 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89512, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,690 (100%) |
| Owner Occupied HU | 3,979 (31.4%) |
| Renter Occupied HU | 7,963 (62.8%) |
| Vacant Housing Units | 748 ( 5.9%) |
| Median Home Value | $348,157 |
| Average Home Value | $421,809 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
8,124
Multi-Family
3,188
Businesses
583
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Listed by: Felisa Cusimano-Martin • Dickson Realty - Sparks
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250003105
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