903 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
Investment property for sale in Reno at 903 Orchard Rock Dr, Reno, NV, 89506 uses $129,285 cash to close to unlock $6,078/yr annual cash flow and $507/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,909/mo payment keeps the spread at $507/mo. Purchase price stands at $390,000, and rental yield measures 8.49% with $2,760/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 127.53% and total cumulative return in cash records $164,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,909/mo payment rather than investor’s personal income.
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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