395 Jackson Springs DrRenoNV89523
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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 395 Jackson Springs Dr, Reno, NV, 89523 priced at $730,000 converts $3,671/mo rent into after a $3,573/mo obligation. Total monthly income equals $3,671/mo. Return on cash invested prints 17.33% in year one, and rental yield reads 6.03% against a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation compiles into $201,686 by year five. Five-year ROI reaches 88.43% and total cumulative return in cash sums $212,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,671/mo property income covering a $3,573/mo payment, not borrower’s personal income.
Single Family
Built in 2006
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89523, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 9,333 (56.5%) |
| Renter Occupied HU | 6,547 (39.6%) |
| Vacant Housing Units | 632 ( 3.8%) |
| Median Home Value | $618,024 |
| Average Home Value | $664,197 |
Housing Distribution
Address Breakdown
Residential
16,968
Single Family
12,087
Multi-Family
4,881
Businesses
394
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