Keystone Plan, Canyon CrossingRenoNV89506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Reno at Keystone Plan, Canyon Crossing, Reno, NV, 89506 priced at $450,990 converts $3,071/mo rent into $466/mo cash flow after a $2,207/mo obligation. Total monthly income equals $3,071/mo, and annual cash flow totals $5,588/yr on $149,503 invested. Return on cash invested prints 23.65% in year one, and rental yield reads 8.17% against a $450,990 entry. Equity gained on principal adds $2,910/yr, while 5% annual appreciation compiles into $124,600 by year five. Five-year ROI reaches 122.34% and total cumulative return in cash sums $182,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,071/mo property income covering a $2,207/mo payment, not borrower’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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