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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Las Vegas at 1381 E University Ave APT 303, Las Vegas, NV, 89119 generates $899/mo in rent and, after a $563/mo payment, leaves $234/mo in cash flow. Total monthly income is $899/mo, and annual cash flow is $2,813/yr on $38,123 invested. Return on cash invested sits at 27.29% in year one, and rental yield is 9.38% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 141.96% and total cumulative return in cash sums $54,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $899/mo property income rather than buyer’s personal income.
Condo
Built in 1985
6,033 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: Alex Mavros • LIFE Realty District
Mls Name: LVR
Mls ID: #2714074
