7680 Bluestone Dr #399RenoNV89511
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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 7680 Bluestone Dr #399, Reno, NV, 89511 offers a 9.1% rental yield on a $215,000 purchase with $1,631/mo rent. Total monthly income registers $1,631/mo, and a $1,052/mo payment leaves $15/mo available for distribution. Annual cash flow reaches $181/yr on $71,273 to close, and return on cash invested stands at 20.16% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 106.01% and total cumulative return in cash at $75,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,631/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Nancy De La Torre • RE/MAX Gold
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005439
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