698 S Racetrack Rd UNIT 1114HendersonNV89015
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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 698 S Racetrack Rd UNIT 1114, Henderson, NV, 89015 earns $727/mo cash flow from $2,183/mo rent with a $1,233/mo payment. Total monthly income totals $2,183/mo, and annual cash flow totals $8,729/yr on $83,538 capital. ROI tracks 30.36% on current figures, and rental yield reads 10.4% at a $252,000 purchase. Equity gained on principal adds $1,626/yr, and 5% annual appreciation supports $69,623 over five years. Five-year ROI reaches 158.34% and total cumulative return in cash sums $132,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,183/mo property income instead of your personal income.
Condo
Built in 1995
N/A 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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