16260 Rhyolite Cir,Reno,NV,89521

Investment Highlights

Investment property for sale in Reno at 16260 Rhyolite Cir, Reno, NV, 89521 offers a 9.38% rental yield on a $305,000 purchase with $2,383/mo rent. Total monthly income registers $2,383/mo, and a $1,493/mo payment leaves $621/mo available for distribution. Annual cash flow reaches $7,447/yr on $101,108 to close, and return on cash invested stands at 27.27% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 141.82% and total cumulative return in cash at $143,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,383/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.