Walker Plan, MonarchRenoNV89523
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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
Rental property for sale in Reno at Walker Plan, Monarch, Reno, NV, 89523 priced at $444,990 pairs $3,120/mo rent with $549/mo cash flow after a $2,178/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $6,587/yr on $147,514 invested. Return on cash invested is 24.37% in year one, and rental yield stands at 8.41% on a $444,990 basis. Equity gained on principal adds $2,871/yr, and 5% annual appreciation accumulates to $122,943 by year five. Five-year ROI measures 126.23% and total cumulative return in cash reaches $186,209. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89523, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 9,333 (56.5%) |
| Renter Occupied HU | 6,547 (39.6%) |
| Vacant Housing Units | 632 ( 3.8%) |
| Median Home Value | $618,024 |
| Average Home Value | $664,197 |
Housing Distribution
Address Breakdown
Residential
16,968
Single Family
12,087
Multi-Family
4,881
Businesses
394
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