2987 Moose Ridge Dr, Reno, NV, 89523 | 4.57% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reno at 2987 Moose Ridge Dr, Reno, NV, 89523 earns from $2,952/mo rent with a $3,793/mo payment. Total monthly income totals $2,952/mo. ROI tracks 12.88% on current figures, and rental yield reads 4.57% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 64.57% and total cumulative return in cash sums $164,647. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,952/mo property income instead of your personal income.

Single Family

Built in 2004

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 89523, Reno, NV area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,512 (100%)
Owner Occupied HU	9,333 (56.5%)
Renter Occupied HU	6,547 (39.6%)
Vacant Housing Units	632 ( 3.8%)
Median Home Value	$618,024
Average Home Value	$664,197