3295 Sunnyvale AveRenoNV89509
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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 3295 Sunnyvale Ave, Reno, NV, 89509 priced at $832,900 pairs $3,974/mo rent with after a $4,077/mo payment. Total monthly income equals $3,974/mo. Return on cash invested is 16.39% in year one, and rental yield stands at 5.73% on a $832,900 basis. Equity gained on principal adds $5,375/yr, and 5% annual appreciation accumulates to $230,115 by year five. Five-year ROI measures 83.39% and total cumulative return in cash reaches $228,497. For financing, Ziffy Mortgage’s DSCR program evaluates $3,974/mo property income against a $4,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
10,411 sqft 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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