3060 Bristol DrRenoNV89521
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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 3060 Bristol Dr, Reno, NV, 89521 priced at $1,599,000 converts $7,386/mo rent into after a $7,826/mo obligation. Total monthly income equals $7,386/mo. Return on cash invested prints 15.58% in year one, and rental yield reads 5.54% against a $1,599,000 entry. Equity gained on principal adds $10,318/yr, while 5% annual appreciation compiles into $441,774 by year five. Five-year ROI reaches 79.17% and total cumulative return in cash sums $410,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,386/mo property income covering a $7,826/mo payment, not borrower’s personal income.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
$215 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Ron Lane • Chase International-Damonte
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250004551
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