29 Montelago Blvd UNIT 309HendersonNV89011
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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 29 Montelago Blvd UNIT 309, Henderson, NV, 89011 listed at $185,000 pairs $1,850/mo rent with a $905/mo payment to leave $782/mo cash flow. Total monthly income runs $1,850/mo, and annual cash flow reaches $9,379/yr on $61,328 cash to close. Return on cash invested measures 35.2% in year one, and rental yield registers 12% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 184.35% and total cumulative return in cash totals $113,055. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,850/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No 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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