2120 Ramrod Ave UNIT 1122HendersonNV89014
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2120 Ramrod Ave UNIT 1122, Henderson, NV, 89014 in Henderson. At $194,900 it earns $1,622/mo in rent and distributes $250/mo to the owner after the $876/mo payment, a consistent 9.99% yield. DSCR 1.85 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $53,847 in value; $1,795/yr in principal paydown compounds ownership stake. Total projected return: $90,736.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 4.8% |
| Monthly Cash Flow | $250 | $1,850 |
City averages based on Henderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,622 |
| Total Monthly Debt Service | $1,295 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1994
8,637 sqft lot
$N/A/sqft
$246 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
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
Condo
Built in 1994
8,637 sqft lot
$N/A/sqft
$246 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward L. Stevens • Stevens Realty & Property Mgmt
Mls Name: LVR
Mls Provider:
Mls ID: #2711661
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