9050 Double R Blvd APT 1122,Reno,NV,89521

Investment Highlights

Rental property for sale in Reno at 9050 Double R Blvd APT 1122, Reno, NV, 89521 generates $2,438/mo in rent and, after a $1,879/mo payment, leaves $220/mo in cash flow. Total monthly income is $2,438/mo, and annual cash flow is $2,638/yr on $127,296 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 7.62% on a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 113.41% and total cumulative return in cash sums $144,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,438/mo property income rather than buyer’s personal income.