8005 Opal Station DrRenoNV89506
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 8005 Opal Station Dr, Reno, NV, 89506 offers a 7.47% rental yield on a $565,000 purchase with $3,515/mo rent. Total monthly income registers $3,515/mo, and a $2,765/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,011/yr on $185,885 to close, and return on cash invested stands at 21.68% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 111.75% and total cumulative return in cash at $207,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,515/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.29 Acres 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