








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 Overton at 378 W Thomas, Overton, NV, 89040 offers $1,505/mo rent that, after a $1,199/mo payment, leaves $90/mo cash flow. Total monthly income is $1,505/mo, and annual cash flow is $1,075/yr on $81,218 cash. Return on cash invested measures 21.23% in year one, and rental yield stands at 7.37% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 109.42% and total cumulative return in cash reaches $88,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,505/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 89040, Overton, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,092 (60.0%) |
| Renter Occupied HU | 348 (19.1%) |
| Vacant Housing Units | 380 (20.9%) |
| Median Home Value | $364,286 |
| Average Home Value | $482,134 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
95
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $245,000 |
| 2020-09-18 | Sold | $149,000 |
| 2020-08-03 | Pending sale | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $674.45 | 2.71% | $19,163 | 17.61% |
| 2023-05-19 | $656.63 | 71.83% | $16,293 | 3.37% |
| 2022-05-19 | $382.13 | 7.18% | $15,762 | 1.27% |



Listed by: Bryan D. Robles • eXp Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2683882
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)