17320 Magnetite Dr,Reno,NV,89508

Investment Highlights

Investment property for sale in Reno at 17320 Magnetite Dr, Reno, NV, 89508 earns $362/mo cash flow from $2,875/mo rent with a $2,129/mo payment. Total monthly income totals $2,875/mo, and annual cash flow totals $4,341/yr on $144,203 capital. ROI tracks 22.92% on current figures, and rental yield reads 7.93% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 118.45% and total cumulative return in cash sums $170,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,875/mo property income instead of your personal income.