585 Logan Jacob LnRenoNV89503
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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 585 Logan Jacob Ln, Reno, NV, 89503 earns $485/mo cash flow from $2,677/mo rent with a $1,857/mo payment. Total monthly income totals $2,677/mo, and annual cash flow totals $5,817/yr on $125,804 capital. ROI tracks 24.53% on current figures, and rental yield reads 8.46% at a $379,500 purchase. Equity gained on principal adds $2,449/yr, and 5% annual appreciation supports $104,849 over five years. Five-year ROI reaches 127.1% and total cumulative return in cash sums $159,900. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,677/mo property income instead of your personal income.
Townhouse
Built in 2019
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89503, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,891 (100%) |
| Owner Occupied HU | 6,014 (43.3%) |
| Renter Occupied HU | 6,842 (49.3%) |
| Vacant Housing Units | 1,035 ( 7.5%) |
| Median Home Value | $491,907 |
| Average Home Value | $559,867 |
Housing Distribution
Address Breakdown
Residential
12,606
Single Family
10,268
Multi-Family
2,338
Businesses
607
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