3115 La Mancha WayHendersonNV89014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3115 La Mancha Way, Henderson, NV, 89014 in Henderson. Priced at $379,000, it generates $3,397/mo in gross rent and $767/mo in net monthly cash flow, a 10.76% yield that comfortably supports the 1.89 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,209. Five-year appreciation: $104,711. Equity from principal paydown: $3,177/yr. Total projected cumulative return: $213,604.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 4.8% |
| Monthly Cash Flow | $767 | $1,850 |
City averages based on Henderson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,397 |
| Total Monthly Debt Service | $2,131 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1985
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89014, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,284 (100%) |
| Owner Occupied HU | 8,213 (47.5%) |
| Renter Occupied HU | 8,257 (47.8%) |
| Vacant Housing Units | 814 ( 4.7%) |
| Median Home Value | $467,938 |
| Average Home Value | $510,239 |
Housing Distribution
Address Breakdown
Residential
17,268
Single Family
10,235
Multi-Family
7,033
Businesses
1,311
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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
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Nearby investment properties with comparable prices
