2925 Wigwam Pkwy APT 1621HendersonNV89074
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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 2925 Wigwam Pkwy APT 1621, Henderson, NV, 89074 offers a 7.69% rental yield on a $329,000 purchase with $2,107/mo rent. Total monthly income registers $2,107/mo, and a $1,610/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,477/yr on $109,064 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 114.5% and total cumulative return in cash at $124,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,107/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
5,680 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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