41 Vista Rafael PkwyRenoNV89503
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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 41 Vista Rafael Pkwy, Reno, NV, 89503 priced at $198,000 pairs $1,478/mo rent with $334/mo cash flow after a $969/mo payment. Total monthly income equals $1,478/mo, and annual cash flow comes to $4,009/yr on $65,637 invested. Return on cash invested is 26.02% in year one, and rental yield stands at 8.96% on a $198,000 basis. Equity gained on principal adds $1,278/yr, and 5% annual appreciation accumulates to $54,704 by year five. Five-year ROI measures 135.13% and total cumulative return in cash reaches $88,696. For financing, Ziffy Mortgage’s DSCR program evaluates $1,478/mo property income against a $969/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A 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
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