257 E Van Wagenen StHendersonNV89015
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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 257 E Van Wagenen St, Henderson, NV, 89015 offers $1,487/mo rent that, after a $930/mo payment, leaves $389/mo cash flow. Total monthly income is $1,487/mo, and annual cash flow is $4,670/yr on $62,985 cash. Return on cash invested measures 27.32% in year one, and rental yield stands at 9.39% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 142.13% and total cumulative return in cash reaches $89,520. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,487/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1971
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89015, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 10,908 (61.2%) |
| Renter Occupied HU | 6,121 (34.4%) |
| Vacant Housing Units | 786 ( 4.4%) |
| Median Home Value | $432,465 |
| Average Home Value | $471,842 |
Housing Distribution
Address Breakdown
Residential
17,237
Single Family
14,460
Multi-Family
2,777
Businesses
646
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