2004 Grafton AveHendersonNV89074
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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 Henderson at 2004 Grafton Ave, Henderson, NV, 89074 priced at $894,998 converts $3,845/mo rent into after a $4,381/mo obligation. Total monthly income equals $3,845/mo. Return on cash invested prints 14.26% in year one, and rental yield reads 5.16% against a $894,998 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation compiles into $247,271 by year five. Five-year ROI reaches 72.13% and total cumulative return in cash sums $212,401. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,845/mo property income covering a $4,381/mo payment, not borrower’s personal income.
Single Family
Built in 1989
7,405 sqft lot
$N/A/sqft
$96 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89074, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,634 (100%) |
| Owner Occupied HU | 13,157 (55.7%) |
| Renter Occupied HU | 9,046 (38.3%) |
| Vacant Housing Units | 1,431 ( 6.1%) |
| Median Home Value | $466,019 |
| Average Home Value | $514,784 |
Housing Distribution
Address Breakdown
Residential
22,162
Single Family
16,944
Multi-Family
5,218
Businesses
1,006
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Listed by: Aaron S. Bostic • Simply Vegas
Mls Name: GLVAR
Mls Provider:
Mls ID: #2631258
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