2305 W Horizon Ridge Pkwy APT 2623HendersonNV89052
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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 2623, Henderson, NV, 89052 earns $204/mo cash flow from $2,018/mo rent with a $1,537/mo payment. Total monthly income totals $2,018/mo, and annual cash flow totals $2,444/yr on $104,091 capital. ROI tracks 22.26% on current figures, and rental yield reads 7.71% at a $314,000 purchase. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,752 over five years. Five-year ROI reaches 114.91% and total cumulative return in cash sums $119,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,018/mo property income instead of your personal income.
Condo
Built in 2004
4,843 sqft 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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