1659 Davidson Way, Reno, NV, 89509 | 6.3% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1413 sft

1915 Celestial Ct, Reno, NV, 89523

3 Bed
2 Bath
1736 sft

1651 Emerald Bay Dr, Reno, NV, 89521

3 Bed
2 Bath
1718 sft

75 McLemore Ct, Sparks, NV, 89441

3 Bed
2 Bath
1344 sft

730 James Ct, Reno, NV, 89503

Nearby investment properties with comparable prices

4 Bed
3 Bath
2367 sft

965 Bobcat Ridge Rd, Sparks, NV, 89436

2 Bed
1 Bath
934 sft

1315 Watt St, Reno, NV, 89509

3 Bed
2 Bath
1888 sft

2413 San Remo Dr, Sparks, NV, 89434

3 Bed
3 Bath
1902 sft

2409 Metolius Dr, Sparks, NV, 89436

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Reno at 1659 Davidson Way, Reno, NV, 89509 generates $3,541/mo in rent, after a $3,303/mo payment. Total monthly income is $3,541/mo. Return on cash invested sits at 18.12% in year one, and rental yield is 6.3% on a $674,900 entry. Equity gained on principal adds $4,355/yr, while 5% annual appreciation builds toward $186,462 over five years. Five-year ROI reaches 92.69% and total cumulative return in cash sums $205,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,541/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

0.38 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