1540 Laiolo DrRenoNV89502
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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
Total monthly income runs $2,153/mo, and a $2,002/mo payment. Purchase price stands at $409,000, and rental yield measures 6.32% with $2,153/mo rent. Return on cash invested shows 18.05% in year one, and 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 92.32% and total cumulative return in cash records $125,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $2,002/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89502, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,604 (100%) |
| Owner Occupied HU | 7,450 (34.5%) |
| Renter Occupied HU | 12,405 (57.4%) |
| Vacant Housing Units | 1,749 ( 8.1%) |
| Median Home Value | $428,049 |
| Average Home Value | $437,284 |
Housing Distribution
Address Breakdown
Residential
20,280
Single Family
15,358
Multi-Family
4,922
Businesses
3,435
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Listed by: Gumer Alvarez • Coldwell Banker Select Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250006523
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