5276 Simons DrRenoNV89523
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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 5276 Simons Dr, Reno, NV, 89523 priced at $646,500 converts $3,266/mo rent into after a $3,164/mo obligation. Total monthly income equals $3,266/mo. Return on cash invested prints 17.41% in year one, and rental yield reads 6.06% against a $646,500 entry. Equity gained on principal adds $4,172/yr, while 5% annual appreciation compiles into $178,616 by year five. Five-year ROI reaches 88.88% and total cumulative return in cash sums $189,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,266/mo property income covering a $3,164/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89523, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 9,333 (56.5%) |
| Renter Occupied HU | 6,547 (39.6%) |
| Vacant Housing Units | 632 ( 3.8%) |
| Median Home Value | $618,024 |
| Average Home Value | $664,197 |
Housing Distribution
Address Breakdown
Residential
16,968
Single Family
12,087
Multi-Family
4,881
Businesses
394
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Listed by: Carlos Segura Navarro • Coldwell Banker Select Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005809
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