204 Moran StRenoNV89501
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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 204 Moran St, Reno, NV, 89501 priced at $1,225,000 converts $1,800/mo rent into after a $5,996/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 4.41% in year one, and rental yield reads 1.76% against a $1,225,000 entry. Equity gained on principal adds $7,905/yr, while 5% annual appreciation compiles into $338,445 by year five. Five-year ROI reaches 19.09% and total cumulative return in cash sums $75,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $5,996/mo payment, not borrower’s personal income.
Multi Family
Built in 1922
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89501, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,589 (100%) |
| Owner Occupied HU | 618 (17.2%) |
| Renter Occupied HU | 2,200 (61.3%) |
| Vacant Housing Units | 771 (21.5%) |
| Median Home Value | $620,040 |
| Average Home Value | $674,548 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
726
Multi-Family
1,440
Businesses
639
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