8 Zane Grey LnRenoNV89523
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 8 Zane Grey Ln, Reno, NV, 89523 priced at $799,900 pairs $5,878/mo rent with $1,256/mo cash flow after a $3,915/mo payment. Total monthly income equals $5,878/mo, and annual cash flow comes to $15,077/yr on $263,167 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 8.82% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 133.8% and total cumulative return in cash reaches $352,128. For financing, Ziffy Mortgage’s DSCR program evaluates $5,878/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89523, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 9,333 (56.5%) |
| Renter Occupied HU | 6,547 (39.6%) |
| Vacant Housing Units | 632 ( 3.8%) |
| Median Home Value | $618,024 |
| Average Home Value | $664,197 |
Housing Distribution
Address Breakdown
Residential
16,968
Single Family
12,087
Multi-Family
4,881
Businesses
394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices