2090 Patton DrRenoNV89512
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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 2090 Patton Dr, Reno, NV, 89512 priced at $367,758 converts $2,389/mo rent into $127/mo cash flow after a $1,800/mo obligation. Total monthly income equals $2,389/mo, and annual cash flow totals $1,526/yr on $121,912 invested. Return on cash invested prints 21.16% in year one, and rental yield reads 7.8% against a $367,758 entry. Equity gained on principal adds $2,373/yr, while 5% annual appreciation compiles into $101,605 by year five. Five-year ROI reaches 109.53% and total cumulative return in cash sums $133,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,389/mo property income covering a $1,800/mo payment, not borrower’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89512, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,690 (100%) |
| Owner Occupied HU | 3,979 (31.4%) |
| Renter Occupied HU | 7,963 (62.8%) |
| Vacant Housing Units | 748 ( 5.9%) |
| Median Home Value | $348,157 |
| Average Home Value | $421,809 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
8,124
Multi-Family
3,188
Businesses
583
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