900 S Meadows Pkwy APT 412,Reno,NV,89521

Investment Highlights

Investment property for sale in Reno at 900 S Meadows Pkwy APT 412, Reno, NV, 89521 uses $119,009 cash to close to unlock $3,863/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $2,396/mo, and a $1,757/mo payment keeps the spread at $322/mo. Purchase price stands at $359,000, and rental yield measures 8.01% with $2,396/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash records $142,447. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,396/mo property income covering a $1,757/mo payment rather than investor’s personal income.