2531 El Paso Grande AveHendersonNV89074
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 2531 El Paso Grande Ave, Henderson, NV, 89074 generates $4,762/mo in rent and, after a $3,421/mo payment, leaves $724/mo in cash flow. Total monthly income is $4,762/mo, and annual cash flow is $8,683/yr on $229,971 invested. Return on cash invested sits at 23.84% in year one, and rental yield is 8.18% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash sums $283,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89074, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,634 (100%) |
| Owner Occupied HU | 13,157 (55.7%) |
| Renter Occupied HU | 9,046 (38.3%) |
| Vacant Housing Units | 1,431 ( 6.1%) |
| Median Home Value | $466,019 |
| Average Home Value | $514,784 |
Housing Distribution
Address Breakdown
Residential
22,162
Single Family
16,944
Multi-Family
5,218
Businesses
1,006
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Listed by: Bar Levy • Vice Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2631837
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