2066 Plumas StRenoNV89509
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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
Investment property for sale in Reno at 2066 Plumas St, Reno, NV, 89509 uses $180,950 cash to close to unlock $25,922/yr annual cash flow and $2,160/mo monthly cash flow. Total monthly income runs $5,338/mo, and a $2,692/mo payment keeps the spread at $2,160/mo. Purchase price stands at $550,000, and rental yield measures 11.65% with $5,338/mo rent. Return on cash invested shows 34.39% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 179.91% and total cumulative return in cash records $325,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,338/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89509, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,899 (100%) |
| Owner Occupied HU | 9,041 (50.5%) |
| Renter Occupied HU | 7,979 (44.6%) |
| Vacant Housing Units | 879 ( 4.9%) |
| Median Home Value | $704,008 |
| Average Home Value | $783,053 |
Housing Distribution
Address Breakdown
Residential
16,680
Single Family
13,614
Multi-Family
3,066
Businesses
1,226
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Listed by: Kyle Jones • Fathom Realty
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250006540
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