900 S Meadows Pkwy APT 3522,Reno,NV,89521

Investment Highlights

Investment property for sale in Reno at 900 S Meadows Pkwy APT 3522, Reno, NV, 89521 uses $137,573 cash to close to unlock $3,029/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $2,650/mo, and a $2,031/mo payment keeps the spread at $252/mo. Purchase price stands at $415,000, and rental yield measures 7.66% with $2,650/mo rent. Return on cash invested shows 22.11% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 114.13% and total cumulative return in cash records $157,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,650/mo property income covering a $2,031/mo payment rather than investor’s personal income.