20217 S Virginia St,Reno,NV,89521

Investment Highlights

Investment property for sale in Reno at 20217 S Virginia St, Reno, NV, 89521 listed at $1,200,000 pairs $4,238/mo rent with a $5,873/mo payment. Total monthly income runs $4,238/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 4.24% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 60.05% and total cumulative return in cash totals $233,483. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,238/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).