








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 8409 Running Deer Ave UNIT 203, Las Vegas, NV, 89145 generates $1,940/mo in rent and, after a $1,224/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $2,294/yr on $82,875 invested. Return on cash invested sits at 22.68% in year one, and rental yield is 9.31% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash sums $98,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Condo
Built in 1993
5,893 sqft lot
$N/A/sqft
$304 monthly HOA
Neighborhood data shown for ZIP Code: 89145, Las Vegas, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 7,006 (56.9%) |
| Renter Occupied HU | 4,578 (37.2%) |
| Vacant Housing Units | 721 ( 5.9%) |
| Median Home Value | $403,961 |
| Average Home Value | $534,313 |
Residential
10,694
Single Family
8,460
Multi-Family
2,234
Businesses
442
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Sold | $250,000 |
| 2025-07-03 | Pending sale | $250,000 |
| 2025-06-03 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-12 | $982.20 | 7.93% | $46,774 | -6.13% |
| 2024-10-12 | $910.07 | 7.97% | $49,826 | 21.27% |
| 2023-10-12 | $842.93 | 7.97% | $41,088 | 1.69% |



Listed by: Kamyar Zargari • Triumph Property Management Co
Mls Name: LVR
Mls Provider:
Mls ID: #2689260
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)