7867 Tulear StRenoNV89506
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 7867 Tulear St, Reno, NV, 89506 at $429,900 posts ROI 21.6% with $200/mo cash flow from $2,704/mo rent. Total monthly income equals $2,704/mo, and annual cash flow records $2,403/yr on $142,512 to close. Return on cash invested measures 21.6% and rental yield reads 7.55% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 111.43% and total cumulative return in cash totals $158,803.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,704/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
6,969 sqft lot
$N/A/sqft
$60 quarterly 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
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Nearby investment properties with comparable prices
Listed by: Ronald Eckroat • Ferrari-Lund Real Estate Reno
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250005111
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