4939 Bay Ridge LnRenoNV89502
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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 4939 Bay Ridge Ln, Reno, NV, 89502 priced at $475,800 converts $2,880/mo rent into $82/mo cash flow after a $2,329/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $981/yr on $157,728 invested. Return on cash invested prints 20.53% in year one, and rental yield reads 7.26% against a $475,800 entry. Equity gained on principal adds $3,070/yr, while 5% annual appreciation compiles into $131,455 by year five. Five-year ROI reaches 105.77% and total cumulative return in cash sums $166,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $2,329/mo payment, not borrower’s personal income.
Single Family
Built in 1993
4,356 sqft lot
$N/A/sqft
$49 monthly 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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Listed by: Charles Johns • Dickson Realty - Sparks
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250000351
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