home in 8221 Big River Dr Reno, NV
This 1,698-square-foot home in Reno, NV includes 3 bedrooms and 3 bathrooms.
| Price | $434,500 |
|---|
| Beds | 3 |
|---|
| Baths | 3 |
|---|
| Sqft | 1698 |
|---|
| Address | 8221 Big River Dr Reno, NV 89506 |
|---|
Why buy this home
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,755/month with 20% down at a 7.28% 30-year fixed rate. You would need about $118,067 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,378/mo |
|---|
| Property tax (new-buyer reassessed rate) | $214/mo |
|---|
| Homeowners insurance | $163/mo |
|---|
| Total monthly | $2,755/mo |
|---|
| Down payment (20%) | $86,900 |
|---|
| Income needed | $118,067/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A (90 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A (90/100) |
|---|
| Beats renting in | 73% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $331,290 |
|---|
| Range (10th to 90th pct) | $226,684 to $453,067 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Reno, NV where local data is thin.
Local home values
Typical home values in Reno, NV have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto