2120 Ramrod Ave UNIT 515HendersonNV89014
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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 2120 Ramrod Ave UNIT 515, Henderson, NV, 89014 generates $1,934/mo in rent and, after a $1,170/mo payment, leaves $553/mo in cash flow. Total monthly income is $1,934/mo, and annual cash flow is $6,635/yr on $79,229 invested. Return on cash invested sits at 28.28% in year one, and rental yield is 9.71% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 147.21% and total cumulative return in cash sums $116,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,934/mo property income rather than buyer’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No 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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