1418 Lander St, Reno, NV, 89509 | 4.7% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reno at 1418 Lander St, Reno, NV, 89509 offers a 4.7% rental yield on a $848,888 purchase with $3,325/mo rent. 27% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,532 over five years. Portfolio math shows five-year ROI at 66.68% and total cumulative return in cash at $186,236. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,325/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1939

3,920 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