716 Panhandle DrHendersonNV89014
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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 716 Panhandle Dr, Henderson, NV, 89014 priced at $399,999 converts $2,366/mo rent into $55/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,366/mo, and annual cash flow totals $656/yr on $132,600 invested. Return on cash invested prints 20.4% in year one, and rental yield reads 7.1% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 104.96% and total cumulative return in cash sums $139,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,366/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1989
5,227 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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