LB 1107 Plan, NorthgateRenoNV89512
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeLB 1107 Plan, Northgate, Reno, NV, 89512 in Reno carries a 1.58 coverage ratio, rent of $1,556/mo is 1.58 times the $984/mo payment. Rental yield 8.53%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $218,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $60,478; total projected cumulative return: $44,029.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.8% |
| Monthly Cash Flow | $(665) | $1,850 |
City averages based on Reno market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,556 |
| Total Monthly Debt Service | $2,134 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2026
N/A lot
$N/A/sqft
$956 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89512, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,690 (100%) |
| Owner Occupied HU | 3,979 (31.4%) |
| Renter Occupied HU | 7,963 (62.8%) |
| Vacant Housing Units | 748 ( 5.9%) |
| Median Home Value | $348,157 |
| Average Home Value | $421,809 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
8,124
Multi-Family
3,188
Businesses
583
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
Manufactured
Built in 2026
N/A lot
$N/A/sqft
$956 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89512, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,690 (100%) |
| Owner Occupied HU | 3,979 (31.4%) |
| Renter Occupied HU | 7,963 (62.8%) |
| Vacant Housing Units | 748 ( 5.9%) |
| Median Home Value | $348,157 |
| Average Home Value | $421,809 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
8,124
Multi-Family
3,188
Businesses
583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices