1892 E Minaret CirRenoNV89523
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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
Rental property for sale in Reno at 1892 E Minaret Cir, Reno, NV, 89523 priced at $434,000 pairs $3,070/mo rent with $223/mo cash flow after a $2,124/mo payment. Total monthly income equals $3,070/mo, and annual cash flow comes to $2,672/yr on $143,871 invested. Return on cash invested is 21.77% in year one, and rental yield stands at 8.49% on a $434,000 basis. Equity gained on principal adds $2,801/yr, and 5% annual appreciation accumulates to $119,906 by year five. Five-year ROI measures 113.29% and total cumulative return in cash reaches $162,994. For financing, Ziffy Mortgage’s DSCR program evaluates $3,070/mo property income against a $2,124/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
435.60 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89523, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 9,333 (56.5%) |
| Renter Occupied HU | 6,547 (39.6%) |
| Vacant Housing Units | 632 ( 3.8%) |
| Median Home Value | $618,024 |
| Average Home Value | $664,197 |
Housing Distribution
Address Breakdown
Residential
16,968
Single Family
12,087
Multi-Family
4,881
Businesses
394
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Listed by: Donna Fuller • Dickson Realty - Caughlin
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250004279
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