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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% |
Investment property for sale in Las Vegas at 2451 N Rainbow Blvd UNIT 2073, Las Vegas, NV, 89108 offers a 11.34% rental yield on a $209,999 purchase with $1,985/mo rent. Total monthly income registers $1,985/mo, and a $1,028/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,978/yr on $69,615 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 135.72% and total cumulative return in cash at $94,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,985/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$440 monthly HOA
Neighborhood data shown for ZIP Code: 89108, Las Vegas, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,297 (100%) |
| Owner Occupied HU | 13,058 (44.6%) |
| Renter Occupied HU | 14,877 (50.8%) |
| Vacant Housing Units | 1,362 ( 4.6%) |
| Median Home Value | $371,956 |
| Average Home Value | $428,875 |
Residential
26,646
Single Family
18,060
Multi-Family
8,586
Businesses
665
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $209,999 |
| 2025-09-11 | Listing removed | $219,800 |
| 2025-08-05 | Price change | $219,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-09-15 | $639.91 | -1.83% | $43,445 | 1.89% |
| 2024-09-15 | $651.82 | 7.95% | $42,640 | 9.72% |
| 2023-09-15 | $603.81 | 7.96% | $38,862 | 2.40% |
Listed by: Tatiana Janes • Simply Vegas
Mls Name: LVR
Mls Provider:
Mls ID: #2718470
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas 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 Las Vegas REALTORS MLS. All rights reserved. [Click here for more information](/mls-disclaimers/#25)
