





A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Las Vegas at 1361 E University Ave APT 209, Las Vegas, NV, 89119 offers a 9.41% rental yield on a $114,900 purchase with $901/mo rent. Total monthly income registers $901/mo, and a $562/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,850/yr on $38,089 to close, and return on cash invested stands at 27.39% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 142.5% and total cumulative return in cash at $54,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $901/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
6,080 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 89119, Las Vegas, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,272 (100%) |
| Owner Occupied HU | 4,562 (18.1%) |
| Renter Occupied HU | 17,999 (71.2%) |
| Vacant Housing Units | 2,711 (10.7%) |
| Median Home Value | $344,234 |
| Average Home Value | $367,579 |
Residential
20,500
Single Family
8,275
Multi-Family
12,225
Businesses
2,739
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Christopher Koman • BHHS Nevada Properties
Mls Name: LVR
Mls ID: #2741701