2305 W Horizon Ridge Pkwy APT 3621HendersonNV89052
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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 2305 W Horizon Ridge Pkwy APT 3621, Henderson, NV, 89052 generates $2,142/mo in rent and, after a $1,506/mo payment, leaves $199/mo in cash flow. Total monthly income is $2,142/mo, and annual cash flow is $2,391/yr on $101,969 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 8.36% on a $307,600 entry. Equity gained on principal adds $1,985/yr, while 5% annual appreciation builds toward $84,984 over five years. Five-year ROI reaches 115.62% and total cumulative return in cash sums $117,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,142/mo property income rather than buyer’s personal income.
Multi Family
Built in 2004
N/A lot
$N/A/sqft
$165 monthly 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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