4225 Mira Loma DrRenoNV89502
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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 4225 Mira Loma Dr, Reno, NV, 89502 offers a 7.39% rental yield on a $467,500 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $2,288/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,148/yr on $154,976 to close, and return on cash invested stands at 21.3% in year one. Equity gained on principal adds $3,017/yr while 5% annual appreciation supports $129,162 over five years. Portfolio math shows five-year ROI at 109.76% and total cumulative return in cash at $170,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $2,288/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89502, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,604 (100%) |
| Owner Occupied HU | 7,450 (34.5%) |
| Renter Occupied HU | 12,405 (57.4%) |
| Vacant Housing Units | 1,749 ( 8.1%) |
| Median Home Value | $428,049 |
| Average Home Value | $437,284 |
Housing Distribution
Address Breakdown
Residential
20,280
Single Family
15,358
Multi-Family
4,922
Businesses
3,435
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