2750 Plumas St APT 109RenoNV89509
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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 2750 Plumas St APT 109, Reno, NV, 89509 generates $1,469/mo in rent and, after a $871/mo payment, leaves $441/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $5,289/yr on $59,007 invested. Return on cash invested sits at 28.87% in year one, and rental yield is 9.9% on a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 150.39% and total cumulative return in cash sums $88,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A 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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