950 Seven Hills Dr APT 124HendersonNV89052
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 950 Seven Hills Dr APT 124, Henderson, NV, 89052 in Henderson at $238,000 earns $1,741/mo in rent and nets $54/mo after the $1,070/mo payment, a 8.78% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $65,755 over five years. Ziffy Mortgage underwrites this on a 1.63 DSCR without U.S. credit history. With $2,192/yr in principal paydown, total projected return reaches $94,665.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 4.8% |
| Monthly Cash Flow | $54 | $1,850 |
City averages based on Henderson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,741 |
| Total Monthly Debt Service | $1,592 |
| DSCR Ratio | 1.09x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
7,278 sqft lot
$N/A/sqft
$312 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89052, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,014 (100%) |
| Owner Occupied HU | 17,088 (58.9%) |
| Renter Occupied HU | 9,783 (33.7%) |
| Vacant Housing Units | 2,143 ( 7.4%) |
| Median Home Value | $587,284 |
| Average Home Value | $644,824 |
Housing Distribution
Address Breakdown
Residential
28,001
Single Family
20,052
Multi-Family
7,949
Businesses
1,375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2001
7,278 sqft lot
$N/A/sqft
$312 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89052, Henderson, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,014 (100%) |
| Owner Occupied HU | 17,088 (58.9%) |
| Renter Occupied HU | 9,783 (33.7%) |
| Vacant Housing Units | 2,143 ( 7.4%) |
| Median Home Value | $587,284 |
| Average Home Value | $644,824 |
Housing Distribution
Address Breakdown
Residential
28,001
Single Family
20,052
Multi-Family
7,949
Businesses
1,375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Head • LIFE Realty District
Mls Name: LVR
Mls Provider:
Mls ID: #2690088
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