155 Old Mill PlWashoe ValleyNV89704
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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 Washoe Valley at 155 Old Mill Pl, Washoe Valley, NV, 89704 listed at $1,400,000 pairs $4,165/mo rent with a $6,852/mo payment. Total monthly income runs $4,165/mo. Return on cash invested measures 9.99% in year one, and rental yield registers 3.57% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 49% and total cumulative return in cash totals $222,283. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,165/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89704, Washoe Valley, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,912 (100%) |
| Owner Occupied HU | 1,672 (87.4%) |
| Renter Occupied HU | 140 ( 7.3%) |
| Vacant Housing Units | 100 ( 5.2%) |
| Median Home Value | $694,126 |
| Average Home Value | $815,888 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,916
Multi-Family
0
Businesses
31
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Listed by: Sherrie Cartinella • Ferrari-Lund Real Estate Reno
Mls Name: NNRMLS
Mls ID: #250056186