2305 W Horizon Ridge Pkwy APT 1111HendersonNV89052
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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 2305 W Horizon Ridge Pkwy APT 1111, Henderson, NV, 89052 uses $96,301 cash to close to unlock $1,841/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,832/mo, and a $1,422/mo payment keeps the spread at $153/mo. Purchase price stands at $290,500, and rental yield measures 7.57% with $1,832/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $80,260 over five years. Five-year ROI reaches 112.57% and total cumulative return in cash records $108,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $1,422/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89052, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,014 (100%) |
| Owner Occupied HU | 17,088 (58.9%) |
| Renter Occupied HU | 9,783 (33.7%) |
| Vacant Housing Units | 2,143 ( 7.4%) |
| Median Home Value | $587,284 |
| Average Home Value | $644,824 |
Housing Distribution
Address Breakdown
Residential
28,001
Single Family
20,052
Multi-Family
7,949
Businesses
1,375
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