Investor opportunity in a centrally located Las Vegas property offering immediate cash flow and long-term tenant stability. Priced at $315,000, this 936 sq ft home is currently leased at $1,700/month with a reliable long-term tenant in place, providing a strong foundation of consistent income and reduced vacancy risk. At current numbers, the property delivers an approximate 6.5% gross cap rate, making it an attractive option for investors seeking a stabilized, income-producing asset in a high-demand rental market. With no HOA and low-maintenance desert landscaping, operational overhead is kept minimal, supporting stronger net returns and easier management. The home features efficient use of space with 3 bedrooms, along with a spacious backyard and RV parking potential—additional value-add flexibility for future tenant demand or rental optimization. Its central location offers quick access to major freeways, Downtown Las Vegas, the Las Vegas Strip, and a wide range of shopping, dining, and everyday amenities, ensuring continued tenant appeal and strong rental retention. Whether you’re looking to expand your portfolio with a stabilized asset or position for long-term appreciation in a prime rental corridor, this property offers a compelling blend of cash flow, location, and upside potential.
117 days
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672
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25
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Zillow last checked:
Listing updated:
Listed by:
Israel Sanchez-BahenaS.0174234(702)335-4602,
Keller Williams MarketPlace
Source: LVR,MLS#: 2768639Originating MLS: Greater Las Vegas Association of Realtors Inc
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Primary bedroom
Description: Ceiling Fan,Ceiling Light,Closet
Dimensions: 11x10
Bedroom 2
Description: Ceiling Fan,Ceiling Light,Closet
Dimensions: 11x11
Bedroom 3
Description: Ceiling Fan,Ceiling Light,Closet
Dimensions: 11x10
Primary bathroom
Description: None
Kitchen
Description: Tile Flooring
Living room
Description: Front
Dimensions: 15x12
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Included: Electric Range
Laundry: Electric Dryer Hookup, Main Level
Features
Bedroom on Main Level, Primary Downstairs, Window Treatments
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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