2767 Lakeside DrRenoNV89509
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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 2767 Lakeside Dr, Reno, NV, 89509 with 5% annual appreciation on a $649,500 basis while $4,206/mo rent supports operations. Total monthly income totals $4,206/mo and a $3,179/mo payment preserves $453/mo for cash returns. Annual cash flow comes to $5,439/yr on $213,686 deployed, and return on cash invested reaches 22.61% in year one. Equity gained on principal adds $4,191/yr, and five-year appreciation sums $179,445 alongside rental yield of 7.77%. Five-year ROI measures 116.73% and total cumulative return in cash totals $249,445.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,206/mo property income versus a $3,179/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.28 Acres 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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