3900 Morning Dove RdRenoNV89510
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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
Investment property for sale in Reno at 3900 Morning Dove Rd, Reno, NV, 89510 uses $197,071 cash to close to unlock $29,027/yr annual cash flow and $2,419/mo monthly cash flow. Total monthly income runs $5,880/mo, and a $2,932/mo payment keeps the spread at $2,419/mo. Purchase price stands at $599,000, and rental yield measures 11.78% with $5,880/mo rent. Return on cash invested shows 34.79% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 182.05% and total cumulative return in cash records $358,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,880/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
42.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89510, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 802 (78.9%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 103 (10.1%) |
| Median Home Value | $701,557 |
| Average Home Value | $686,827 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
477
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