831 Blue Falls PlRenoNV89511
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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
Rental property for sale in Reno at 831 Blue Falls Pl, Reno, NV, 89511 offers $4,717/mo rent that, after a $3,128/mo payment, leaves $1,025/mo cash flow. Total monthly income is $4,717/mo, and annual cash flow is $12,295/yr on $210,231 cash. Return on cash invested measures 25.91% in year one, and rental yield stands at 8.86% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 134.44% and total cumulative return in cash reaches $282,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,717/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
435.60 sqft lot
$N/A/sqft
No 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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