29 Montelago Blvd UNIT 213HendersonNV89011
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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
Investment property for sale in Henderson at 29 Montelago Blvd UNIT 213, Henderson, NV, 89011 offers a 11.17% rental yield on a $242,500 purchase with $2,257/mo rent. Total monthly income registers $2,257/mo, and a $1,187/mo payment leaves $645/mo available for distribution. Annual cash flow reaches $7,737/yr on $80,389 to close, and return on cash invested stands at 29.53% in year one. Equity gained on principal adds $1,565/yr while 5% annual appreciation supports $66,998 over five years. Portfolio math shows five-year ROI at 155.06% and total cumulative return in cash at $124,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,257/mo property income against a $1,187/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$211 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89011, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,743 (100%) |
| Owner Occupied HU | 13,320 (64.2%) |
| Renter Occupied HU | 5,204 (25.1%) |
| Vacant Housing Units | 2,219 (10.7%) |
| Median Home Value | $538,504 |
| Average Home Value | $591,741 |
Housing Distribution
Address Breakdown
Residential
18,233
Single Family
15,563
Multi-Family
2,670
Businesses
724
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Nearby investment properties with comparable prices
Listed by: Molly Rhyan Schwartz • Redfin
Mls Name: LVR
Mls Provider:
Mls ID: #2678670
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