900 S Meadows Pkwy APT 5523,Reno,NV,89521

Investment Highlights

Investment property for sale in Reno at 900 S Meadows Pkwy APT 5523, Reno, NV, 89521 uses $135,584 cash to close to unlock $2,817/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $2,598/mo, and a $2,002/mo payment keeps the spread at $235/mo. Purchase price stands at $409,000, and rental yield measures 7.62% with $2,598/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 113.44% and total cumulative return in cash records $153,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,598/mo property income covering a $2,002/mo payment rather than investor’s personal income.