1575 W Warm Springs Rd UNIT 114HendersonNV89014
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
Investment property for sale in Henderson at 1575 W Warm Springs Rd UNIT 114, Henderson, NV, 89014 uses $72,930 cash to close to unlock $2,840/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $1,760/mo, and a $1,077/mo payment keeps the spread at $237/mo. Purchase price stands at $220,000, and rental yield measures 9.6% with $1,760/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $90,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,760/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1991
5,614 sqft lot
$N/A/sqft
$252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89014, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,284 (100%) |
| Owner Occupied HU | 8,213 (47.5%) |
| Renter Occupied HU | 8,257 (47.8%) |
| Vacant Housing Units | 814 ( 4.7%) |
| Median Home Value | $467,938 |
| Average Home Value | $510,239 |
Housing Distribution
Address Breakdown
Residential
17,268
Single Family
10,235
Multi-Family
7,033
Businesses
1,311
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Listed by: Delton Lema • Simply Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2722628
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)