7626 Apex PlRenoNV89506
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
Rental property for sale in Reno at 7626 Apex Pl, Reno, NV, 89506 offers $3,402/mo rent that, after a $2,565/mo payment, leaves $374/mo cash flow. Total monthly income is $3,402/mo, and annual cash flow is $4,490/yr on $172,393 cash. Return on cash invested measures 22.66% in year one, and rental yield stands at 7.79% at a $523,990 entry. Equity gained on principal adds $3,381/yr while 5% annual appreciation compounds into $144,769 by year five. Five-year ROI records 117.06% and total cumulative return in cash reaches $201,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,402/mo property income versus a $2,565/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
