3182 Tarpon Dr UNIT 204Las VegasNV89120
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
Investment Highlights
Investment property for sale in Las Vegas at 3182 Tarpon Dr UNIT 204, Las Vegas, NV, 89120 uses $68,587 cash to close to unlock $2,067/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,669/mo, and a $1,013/mo payment keeps the spread at $172/mo. Purchase price stands at $206,900, and rental yield measures 9.68% with $1,669/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $57,163 over five years. Five-year ROI reaches 120.41% and total cumulative return in cash records $82,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,669/mo property income covering a $1,013/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$301 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89120, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,366 (100%) |
| Owner Occupied HU | 5,812 (56.1%) |
| Renter Occupied HU | 4,052 (39.1%) |
| Vacant Housing Units | 502 ( 4.8%) |
| Median Home Value | $442,122 |
| Average Home Value | $518,913 |
Housing Distribution
Address Breakdown
Residential
9,723
Single Family
6,496
Multi-Family
3,227
Businesses
2,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ernesto O. Bendicion • Landbank Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2696971
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)