7680 Bluestone Dr #399RenoNV89511
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7680 Bluestone Dr #399, Reno, NV, 89511 in Reno at $215,000 earns $1,631/mo in rent and nets $15/mo after the $967/mo payment, a 9.1% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,401 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,980/yr in principal paydown, total projected return reaches $83,752.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.8% |
| Monthly Cash Flow | $15 | $1,850 |
City averages based on Reno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,631 |
| Total Monthly Debt Service | $1,531 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
653.40 sqft lot
$N/A/sqft
$374 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
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
Condo
Built in 1986
653.40 sqft lot
$N/A/sqft
$374 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy De La Torre • RE/MAX Gold
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005439
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.