9900 Wilbur May Pkwy APT 3703RenoNV89521
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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 9900 Wilbur May Pkwy APT 3703, Reno, NV, 89521 offers a 7.09% rental yield on a $462,000 purchase with $2,730/mo rent. 37% in year one. Equity gained on principal adds $2,981/yr while 5% annual appreciation supports $127,642 over five years. Portfolio math shows five-year ROI at 74.77% and total cumulative return in cash at $114,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,730/mo property income against a $2,261/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$768 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Benny Lorenzo • eXp Realty LLC
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250003182
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