506 Mona LnHendersonNV89015
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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 506 Mona Ln, Henderson, NV, 89015 priced at $280,000 pairs $2,476/mo rent with $859/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,476/mo, and annual cash flow comes to $10,304/yr on $92,820 invested. Return on cash invested is 31.01% in year one, and rental yield stands at 10.61% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 161.83% and total cumulative return in cash reaches $150,213. For financing, Ziffy Mortgage’s DSCR program evaluates $2,476/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1990
6,098 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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