2634 Owl Rock LnRenoNV89503
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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 2634 Owl Rock Ln, Reno, NV, 89503 with 5% annual appreciation on a $683,000 basis while $2,154/mo rent supports operations. 55% in year one. Equity gained on principal adds $4,407/yr, and five-year appreciation sums $188,700 alongside rental yield of 3.78%. Five-year ROI measures 47.07% and total cumulative return in cash totals $105,774. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,154/mo property income versus a $3,343/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
871.20 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89503, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,891 (100%) |
| Owner Occupied HU | 6,014 (43.3%) |
| Renter Occupied HU | 6,842 (49.3%) |
| Vacant Housing Units | 1,035 ( 7.5%) |
| Median Home Value | $491,907 |
| Average Home Value | $559,867 |
Housing Distribution
Address Breakdown
Residential
12,606
Single Family
10,268
Multi-Family
2,338
Businesses
607
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Listed by: Jonathan Wornardt • eXp Realty, LLC
Mls Name: NNRMLS
Mls Provider:
Mls ID: #240012079
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