160 Rissone Ln LOT 32RenoNV89503
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
Investment Highlights
Investment property for sale in Reno at 160 Rissone Ln LOT 32, Reno, NV, 89503 listed at $479,990 pairs $3,368/mo rent with a $2,349/mo payment to leave $595/mo cash flow. Total monthly income runs $3,368/mo, and annual cash flow reaches $7,140/yr on $159,117 cash to close. Return on cash invested measures 24.4% in year one, and rental yield registers 8.42% at a $479,990 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,612 by year five. Five-year ROI tracks 126.35% and total cumulative return in cash totals $201,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,368/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89503, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,891 (100%) |
| Owner Occupied HU | 6,014 (43.3%) |
| Renter Occupied HU | 6,842 (49.3%) |
| Vacant Housing Units | 1,035 ( 7.5%) |
| Median Home Value | $491,907 |
| Average Home Value | $559,867 |
Housing Distribution
Address Breakdown
Residential
12,606
Single Family
10,268
Multi-Family
2,338
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices