63 Vista Rafael PkwyRenoNV89503
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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 63 Vista Rafael Pkwy, Reno, NV, 89503 at $220,000 posts ROI 28.71% with $535/mo cash flow from $1,806/mo rent. Total monthly income equals $1,806/mo, and annual cash flow records $6,416/yr on $72,930 to close. Return on cash invested measures 28.71% and rental yield reads 9.85% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 149.48% and total cumulative return in cash totals $109,019.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,806/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A 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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