6053 Kelly Heights Way, Reno, NV, 89519 | 5.67% Rental Yield

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Reno at 6053 Kelly Heights Way, Reno, NV, 89519 priced at $831,000 converts $3,926/mo rent into after a $4,067/mo obligation. Total monthly income equals $3,926/mo. Return on cash invested prints 16.22% in year one, and rental yield reads 5.67% against a $831,000 entry. Equity gained on principal adds $5,362/yr, while 5% annual appreciation compiles into $229,590 by year five. Five-year ROI reaches 82.47% and total cumulative return in cash sums $225,476. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,926/mo property income covering a $4,067/mo payment, not borrower’s personal income.

Townhouse

Built in 2023

2,178 sqft lot

$N/A/sqft

No HOA