555 Patriot Blvd SUITE 262RenoNV89511
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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 555 Patriot Blvd SUITE 262, Reno, NV, 89511 earns $466/mo cash flow from $2,036/mo rent with a $1,013/mo payment. Total monthly income totals $2,036/mo, and annual cash flow totals $5,594/yr on $68,621 capital. ROI tracks 28.06% on current figures, and rental yield reads 11.8% at a $207,000 purchase. Equity gained on principal adds $1,336/yr, and 5% annual appreciation supports $57,190 over five years. Five-year ROI reaches 148.43% and total cumulative return in cash sums $101,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,036/mo property income instead of your personal income.
Condo
Built in 1986
871.20 sqft lot
$N/A/sqft
$374 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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Listed by: Luz Maria Lonato-Arias • Hello Real Estate Center
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250055840
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