231 W Horizon Ridge Pkwy APT 317HendersonNV89012
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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 231 W Horizon Ridge Pkwy APT 317, Henderson, NV, 89012 earns $1,003/mo cash flow from $2,401/mo rent with a $1,184/mo payment. Total monthly income totals $2,401/mo, and annual cash flow totals $12,039/yr on $80,223 capital. ROI tracks 34.92% on current figures, and rental yield reads 11.91% at a $242,000 purchase. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 over five years. Five-year ROI reaches 182.81% and total cumulative return in cash sums $146,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,401/mo property income instead of your personal income.
Condo
Built in 1998
10,497 sqft lot
$N/A/sqft
No 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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