753 Hamilton Park Ct LOT 58RenoNV89506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 753 Hamilton Park Ct LOT 58, Reno, NV, 89506 listed at $396,990 pairs $2,940/mo rent with a $1,943/mo payment to leave $516/mo cash flow. Total monthly income runs $2,940/mo, and annual cash flow reaches $6,196/yr on $131,602 cash to close. Return on cash invested measures 24.62% in year one, and rental yield registers 8.89% at a $396,990 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,681 by year five. Five-year ROI tracks 128% and total cumulative return in cash totals $168,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,940/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89506, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,872 (100%) |
| Owner Occupied HU | 12,467 (69.8%) |
| Renter Occupied HU | 4,575 (25.6%) |
| Vacant Housing Units | 830 ( 4.6%) |
| Median Home Value | $466,488 |
| Average Home Value | $527,550 |
Housing Distribution
Address Breakdown
Residential
17,169
Single Family
16,944
Multi-Family
225
Businesses
735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Page • D.R. Horton
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250001495
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. 2025 Northern Nevada Regional Multiple Listing Service MLS. All rights reserved.