17 Coventry WayRenoNV89506
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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 Reno at 17 Coventry Way, Reno, NV, 89506 at $120,000 posts ROI 82.26% with $2,067/mo cash flow from $2,760/mo rent. Total monthly income equals $2,760/mo, and annual cash flow records $24,804/yr on $39,780 to close. Return on cash invested measures 82.26% and rental yield reads 27.6% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 436.67% and total cumulative return in cash totals $173,707.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89506, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,872 (100%) |
| Owner Occupied HU | 12,467 (69.8%) |
| Renter Occupied HU | 4,575 (25.6%) |
| Vacant Housing Units | 830 ( 4.6%) |
| Median Home Value | $466,488 |
| Average Home Value | $527,550 |
Housing Distribution
Address Breakdown
Residential
17,169
Single Family
16,944
Multi-Family
225
Businesses
735
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