454 Prosecco WayRenoNV89511
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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 454 Prosecco Way, Reno, NV, 89511 offers a 7.94% rental yield on a $633,640 purchase with $4,194/mo rent. Total monthly income registers $4,194/mo, and a $3,101/mo payment leaves $433/mo available for distribution. Annual cash flow reaches $5,199/yr on $208,468 to close, and return on cash invested stands at 22.55% in year one. Equity gained on principal adds $4,089/yr while 5% annual appreciation supports $175,063 over five years. Portfolio math shows five-year ROI at 116.67% and total cumulative return in cash at $243,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,194/mo property income against a $3,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2,394 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89511, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,686 (100%) |
| Owner Occupied HU | 9,139 (66.8%) |
| Renter Occupied HU | 3,860 (28.2%) |
| Vacant Housing Units | 687 ( 5.0%) |
| Median Home Value | $887,736 |
| Average Home Value | $1,035,876 |
Housing Distribution
Address Breakdown
Residential
13,551
Single Family
10,157
Multi-Family
3,394
Businesses
1,980
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