144 Greenridge DrRenoNV89509
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Reno at 144 Greenridge Dr, Reno, NV, 89509 projects strong ROI of 7.48%. Rental yield 2.65%. With 5% annual appreciation, the property builds $910,348 in value over five years. Equity growth combined delivers a projected five-year ROI of 52.22%, translating into $486,120 in total cumulative return on $930,838 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 4.8% |
| Monthly Cash Flow | $(11,770) | $1,850 |
City averages based on Reno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,268 |
| Total Monthly Debt Service | $17,727 |
| DSCR Ratio | 0.41x |
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 1992
0.35 Acres 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 |
Housing Distribution
Address Breakdown
Residential
16,680
Single Family
13,614
Multi-Family
3,066
Businesses
1,226
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 1992
0.35 Acres 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 |
Housing Distribution
Address Breakdown
Residential
16,680
Single Family
13,614
Multi-Family
3,066
Businesses
1,226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices