3525 Zion LnRenoNV89503
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
Investment property for sale in Reno at 3525 Zion Ln, Reno, NV, 89503 uses $142,214 cash to close to unlock $1,213/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $2,580/mo, and a $2,100/mo payment keeps the spread at $101/mo. Purchase price stands at $429,000, and rental yield measures 7.22% with $2,580/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 106.9% and total cumulative return in cash records $152,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,580/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89503, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,891 (100%) |
| Owner Occupied HU | 6,014 (43.3%) |
| Renter Occupied HU | 6,842 (49.3%) |
| Vacant Housing Units | 1,035 ( 7.5%) |
| Median Home Value | $491,907 |
| Average Home Value | $559,867 |
Housing Distribution
Address Breakdown
Residential
12,606
Single Family
10,268
Multi-Family
2,338
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices