








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 1381 E University Ave APT 204, Las Vegas, NV, 89119 offers a 7.76% rental yield on a $140,000 purchase with $905/mo rent. 42% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 80.82% and total cumulative return in cash at $37,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $905/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$270 monthly 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 |
|---|---|---|
| 2025-06-24 | Listed for sale | $140,000 |
| 2025-06-21 | Listing removed | $118,000 |
| 2025-05-27 | Listed for sale | $118,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-06-26 | $359.21 | 7.80% | $18,535 | -9.00% |
| 2024-06-26 | $333.22 | 7.90% | $20,369 | 22.04% |
| 2023-06-26 | $308.81 | 2.97% | $16,691 | 3.43% |



Listed by: Stephanie Salazar • Real Broker LLC
Mls Name: GLVAR
Mls Provider:
Mls ID: #2695191
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)