231 W Horizon Ridge Pkwy APT 814HendersonNV89012
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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 814, Henderson, NV, 89012 uses $65,637 cash to close to unlock $3,901/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $969/mo payment keeps the spread at $325/mo. Purchase price stands at $198,000, and rental yield measures 8.9% with $1,469/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 134.25% and total cumulative return in cash records $88,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $969/mo payment rather than investor’s personal income.
Condo
Built in 1998
4,264 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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