3338 Current CtRenoNV89509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3338 Current Ct, Reno, NV, 89509 generates $3,833/mo in rent, after a $3,363/mo payment. Total monthly income is $3,833/mo. Return on cash invested sits at 19.33% in year one, and rental yield is 6.7% on a $687,000 entry. Equity gained on principal adds $4,433/yr, while 5% annual appreciation builds toward $189,805 over five years. Five-year ROI reaches 99.19% and total cumulative return in cash sums $224,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,833/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices