2251 Wigwam Pkwy APT 225HendersonNV89074
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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
Investment property for sale in Henderson at 2251 Wigwam Pkwy APT 225, Henderson, NV, 89074 offers a 7.95% rental yield on a $249,900 purchase with $1,655/mo rent. Total monthly income registers $1,655/mo, and a $1,223/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,535/yr on $82,842 to close, and return on cash invested stands at 22.97% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 118.75% and total cumulative return in cash at $98,378. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,655/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1992
9,822 sqft lot
$N/A/sqft
No 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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