231 W Horizon Ridge Pkwy APT 212HendersonNV89012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 231 W Horizon Ridge Pkwy APT 212, Henderson, NV, 89012 generates $1,605/mo in rent and, after a $1,136/mo payment, leaves $14/mo in cash flow. Total monthly income is $1,605/mo, and annual cash flow is $169/yr on $76,908 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 8.3% on a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash sums $80,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,605/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89012, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,254 (100%) |
| Owner Occupied HU | 10,386 (63.9%) |
| Renter Occupied HU | 5,029 (30.9%) |
| Vacant Housing Units | 839 ( 5.2%) |
| Median Home Value | $502,584 |
| Average Home Value | $635,214 |
Housing Distribution
Address Breakdown
Residential
16,305
Single Family
12,714
Multi-Family
3,591
Businesses
395
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Listed by: Nick Alexander Laymon • Keller Williams Realty Las Veg
Mls Name: GLVAR
Mls Provider:
Mls ID: #2686502
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