71 Caballada St BUILDING 9-2RenoNV89511
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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 71 Caballada St BUILDING 9-2, Reno, NV, 89511 priced at $1,950,950 converts $3,360/mo rent into after a $9,549/mo obligation. Total monthly income equals $3,360/mo. Return on cash invested prints 4.04% in year one, and rental yield reads 2.07% against a $1,950,950 entry. Equity gained on principal adds $12,589/yr, while 5% annual appreciation compiles into $539,012 by year five. Five-year ROI reaches 17.56% and total cumulative return in cash sums $111,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $9,549/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
435.60 sqft lot
$N/A/sqft
$690 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: Heather Houston • Dickson Realty - Caughlin
Mls Name: NNRMLS
Mls Provider:
Mls ID: #230012790
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