2651 Larkspur StRenoNV89512
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
Investment Highlights
Investment property for sale in Reno at 2651 Larkspur St, Reno, NV, 89512 earns $508/mo cash flow from $2,322/mo rent with a $1,537/mo payment. Total monthly income totals $2,322/mo, and annual cash flow totals $6,092/yr on $104,091 capital. ROI tracks 25.76% on current figures, and rental yield reads 8.87% at a $314,000 purchase. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,752 over five years. Five-year ROI reaches 133.69% and total cumulative return in cash sums $139,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,322/mo property income instead of your personal income.
Manufactured
Built in 1983
5,662 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices