27 Vista Rafael PkwyRenoNV89503
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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 27 Vista Rafael Pkwy, Reno, NV, 89503 priced at $209,895 converts $1,760/mo rent into $548/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,760/mo, and annual cash flow totals $6,571/yr on $69,580 invested. Return on cash invested prints 29.35% in year one, and rental yield reads 10.06% against a $209,895 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,990 by year five. Five-year ROI reaches 152.97% and total cumulative return in cash sums $106,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,760/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Condo
Built in 1979
4,356 sqft lot
$N/A/sqft
No 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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