884 Orchard Rock DrRenoNV89506
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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 884 Orchard Rock Dr, Reno, NV, 89506 priced at $427,490 pairs $2,760/mo rent with $290/mo cash flow after a $2,092/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $3,485/yr on $141,713 invested. Return on cash invested is 22.37% in year one, and rental yield stands at 7.75% on a $427,490 basis. Equity gained on principal adds $2,759/yr, and 5% annual appreciation accumulates to $118,108 by year five. Five-year ROI measures 115.51% and total cumulative return in cash reaches $163,687. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $2,092/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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
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