205 Morgan Ranch CtRenoNV89510
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Reno rental at 205 Morgan Ranch Ct, Reno, NV, 89510 sits in the solid-income band: 8.72% gross yield, $5,880/mo rent, $1,140/mo net after the $3,638/mo debt service, DSCR 1.62. Entry price of $809,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $223,512 and $7,451/yr in principal reduction bring total cumulative return to $378,946.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.8% |
| Monthly Cash Flow | $1,140 | $1,850 |
City averages based on Reno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,880 |
| Total Monthly Debt Service | $4,418 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89510, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 802 (78.9%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 103 (10.1%) |
| Median Home Value | $701,557 |
| Average Home Value | $686,827 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89510, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 802 (78.9%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 103 (10.1%) |
| Median Home Value | $701,557 |
| Average Home Value | $686,827 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Castella • Dickson Realty - Sparks
Mls Name: NNRMLS
Mls Provider:
Mls ID: #230006780
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