458 Prosecco WayRenoNV89511
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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 458 Prosecco Way, Reno, NV, 89511 priced at $598,805 converts $4,194/mo rent into $634/mo cash flow after a $2,931/mo obligation. Total monthly income equals $4,194/mo, and annual cash flow totals $7,609/yr on $197,007 invested. Return on cash invested prints 23.92% in year one, and rental yield reads 8.4% against a $598,805 entry. Equity gained on principal adds $3,864/yr, while 5% annual appreciation compiles into $165,439 by year five. Five-year ROI reaches 124.03% and total cumulative return in cash sums $244,353. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,194/mo property income covering a $2,931/mo payment, not borrower’s personal income.
Single Family
Built in 2025
2,252 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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