Investor Overview
Current gross returns range from roughly 6.6% to 11.0% before expenses. Pardee gives one of the cleanest overall cash-flow setups, Timpani has the highest gross income with more due diligence attached, Cinnabar and Pinewood are simpler single-family holds, and the fourplexes give you multiple income streams at different levels of operating cost. Enniskeen is the outlier with a specialized tenant and a lease running into 2031.
Timpani Property 1
4225 Timpani Drive, Las Vegas, NV 89110
Active • $458,900 • MLS #2800289
Highest Gross Yield / Verify Permits
Fit Summary: The strongest gross return in the group, with the house already operating as a furnished room-rental setup and producing about $4,200 per month.
Public Comments: Investment opportunity in the Knolls, No HOA. This 5-bed, 4-bath home sits on a 4,356 sq ft lot and is currently functioning as a PadSplit with each bedroom leased individually to tenants. Solar panels help keep operating expenses low, and the sale includes all furniture and appliances with monthly rent that can exceed $4,200/month! Convenient Las Vegas location with easy access to shopping, dining, and major freeways. A great fit for investors looking for a turn-key rental operation. Fully furnished, tenant-occupied, and priced to move.
Investor Overview
Property Type
Single Family Residential
Bed / Bath per Unit
5 furnished bedrooms rented individually • reported room rents roughly $600-$1,000/month
Garage
2/420sqft/Attached, Entry to House, Exterior Door, Finished Interior, Garage Cooled
Appliances
Refrigerator • Disposal • Dishwasher • Washer • Dryer • Oven: Cooktop(G), Stove(G) • Microwave
Views
Fence: Backyard Full Fenced
Multi-Gen Features
Interior: Blinds, Ceiling Fan(s), Drapes
Loan Types
Cash, Conventional, Exchange
Current Rent / Gross Yield
Approx. $4,200/month • $50,400/year • approx. 11.0% gross yield
Shanice Review
Income / Upside
Five furnished bedrooms are rented individually, furniture and appliances stay, and there is no HOA. The current setup gives you income immediately instead of starting with a vacant house.
Tradeoffs
The garage conversion and other additions are disclosed as unpermitted, and the solar is leased. Those are real diligence items and could affect how comfortably the current setup carries forward.
Why It Fits
The income is strong enough to keep this near the top, but I would want the permit situation, room leases and solar agreement fully understood before treating that return as secure.
Pardee Property 2
2400 Pardee Place, Las Vegas, NV 89104
Active • $385,000 • MLS #2786120
Fit Summary: This is one of the strongest overall combinations of purchase price, existing rent and low recurring drag.
Public Comments: Investor opportunity or ideal multi-generational living! Fully rented duplex featuring two spacious 3-bedroom units offering strong income potential from day one. Both units are currently occupied and generating rental income of $1,125 and $1,750 per month respectively, making this an excellent opportunity for investors or buyers looking to house hack and offset their mortgage with tenant income. Each unit offers comfort and privacy with private fenced backyards, covered parking with separate driveways/carports, dedicated storage space, and individual laundry rooms for each unit equipped with washer and dryer. Conveniently located in the heart of Las Vegas near downtown, the Strip, shopping, dining. Whether you are looking to generate consistent cash flow, accommodate extended family, or expand your investment portfolio, this duplex delivers versatility, functionality, and long-term potential. Photos shown are from prior to current tenant occupancy. Seller is a licensed Nevada real estate agent. DRIVE-BY ONLY. Interior showings will be accommodated upon receipt of a serious offer in order to respect tenants quiet enjoyment.
Investor Overview
Bedrooms
One 3BR unit + one 2BR unit per MLS unit table
Bed / Bath per Unit
3BR/1BA at $1,750 + 2BR/1BA at $1,125 • verify bedroom count against leases and property
3 Bedroom #Units 2-Duplex Rent/UN $1,750 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 995
2 Bedroom #Units 2-Duplex Rent/UN $1,125 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 791
SID / LID
SID/LID AMT: • Balance • Annual
Loan Types
Cash, Conventional, FHA, VA
Current Rent / Gross Yield
$2,875/month • $34,500/year • approx. 9.0% gross yield
Oper Income: $34,500 + • Oper Expense: $6,000 = • NOI: Cap Rate • Cap Rate: Gross Rent Multiplier • GRM: Yearly Other Income Includes None • GOI: -
Shanice Review
Income / Upside
The two units bring in $2,875 per month combined, there is no HOA, and each side has its own yard, parking and laundry area. MLS reports $34,500 in annual income against $6,000 in operating expenses.
Tradeoffs
The public remarks describe two 3-bedroom units while the unit table shows one 3-bedroom and one 2-bedroom unit. I would verify the actual unit configuration and expense history before relying on the reported numbers.
Why It Fits
At $385,000, this gives you two income streams without the heavy association costs attached to several of the fourplexes.
Krissylouise Property 3
4671 Krissylouise Way, Las Vegas, NV 89121
Active • $568,888 • MLS #2794993
High-Income Fourplex / Verify Financials
Fit Summary: Strong gross income from four occupied units, but this is one where I would rebuild the operating numbers myself before trusting the return.
Public Comments: Fully Occupied 4 plex in gated community, HOA covers trash, sewage, exterior of buildings and roofs which makes for lower operating expenses compared to other communities....Strong rents!!! This opportunity will not last long! Call today
Investor Overview
Bedrooms
4 × 2-bedroom units
Bed / Bath per Unit
4 × 2BR/1BA • rents of $1,100, $1,150, $1,150 and $1,150
2 Bedroom #Units 4-Fourplex Rent/UN $1,100 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 750
2 Bedroom #Units 4-Fourplex Rent/UN $1,150 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 750
2 Bedroom #Units 4-Fourplex Rent/UN $1,150 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 750
2 Bedroom #Units 4-Fourplex Rent/UN $1,150 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 750
SID / LID
SID/LID AMT: • Balance • Annual
Loan Types
Cash, Conventional, FHA
Current Rent / Gross Yield
$4,550/month • $54,600/year • approx. 9.6% gross yield
Oper Income: $54,600 + • Oper Expense: $14,000 = • NOI: $6 • Cap Rate: 10.0000 • GRM: 9.5000 • GOI: $54,600 -
Shanice Review
Income / Upside
Current rents total $4,550 per month across four 2-bedroom units, giving this one of the stronger gross returns in the multifamily group.
Tradeoffs
The MLS financial section does not reconcile cleanly. It shows $54,600 in income, $14,000 in expenses, a $975 monthly HOA, an unusable NOI entry and a stated 10% cap that should not be taken at face value.
Why It Fits
The rent roll makes it worth keeping, but the real value here depends on what the actual HOA obligations, leases and full operating expenses show.
Cinnabar Property 4
5772 Cinnabar Avenue, Las Vegas, NV 89110
Active • $340,000 • MLS #2781216
Fit Summary: One of the better lower-price entries in the group, with $2,300 monthly rent, no HOA and a tenant already in place through June 2027.
Public Comments: Beautiful 3-Bedroom home. The kitchen features stainless steel appliances with granite countertops. Includes a private front yard with a gated entrance, and a desert landscaped in the front and back yard for low maintenance.
Investor Overview
Property Type
Single Family Residential
Bed / Bath per Unit
Single-family • 3BR/2BA • lease through 06/30/2027
Appliances
Refrigerator • Disposal • Dishwasher • Oven: Stove(G)
Views
Fence: Backyard Full Fenced
Multi-Gen Features
Interior: Blinds, Ceiling Fan(s)
Current Rent / Gross Yield
$2,300/month • $27,600/year • approx. 8.1% gross yield • tenant also pays $90/month toward solar
Shanice Review
Income / Upside
The tenant pays $2,300 per month plus $90 toward the solar lease. With no HOA and low listed taxes, there is less fixed monthly drag than many of the other options.
Tradeoffs
The property is listed for cash financing only, and the solar agreement has roughly 23 years remaining. The solar transfer and long-term obligation need to be reviewed carefully.
Why It Fits
This is a strong option if you want a simpler detached rental without moving into the management demands of a duplex or fourplex.
Pinewood Property 5
2729 Pinewood Avenue, Henderson, NV 89074
Active • $499,000 • MLS #2792932
Fit Summary: A straightforward Henderson rental with $3,300 monthly rent, no HOA and a lease already in place through October 2027.
Public Comments: This property features a beautifully manicured front and backyard with Turf, plus a sparkling pool that gives the backyard a relaxing, resort-style vibe. Inside, you’ll find new carpet in the bedrooms, tile flooring throughout the main areas, stainless steel appliances, and an additional family/living room for extra space and flexibility.Enjoy multiple outdoor living areas, including a paved front sitting area and a spacious covered patio overlooking the pool. The home sits on a generously sized lot and is close to top-rated schools, shopping, dining, and everything Green Valley has to offer. Come see this one today!
Investor Overview
Property Type
Single Family Residential
Bed / Bath per Unit
Single-family • 3BR/2BA • lease through 10/31/2027
Pool
Yes/Heated Pool, Inground-Private, Pool/Spa Combo
Appliances
Refrigerator • Disposal • Washer • Dryer • Oven: Built-In Oven(G), Cooktop(E), Stove(G) • Microwave
Views
Fence: Backyard Full Fenced
Multi-Gen Features
Interior: Accessibility, Ceiling Fan(s)
Loan Types
Cash, Conventional, FHA, VA
Current Rent / Gross Yield
$3,300/month • $39,600/year • approx. 7.9% gross yield
Shanice Review
Income / Upside
The current lease produces $39,600 per year in gross rent. The property also has a private heated pool and spa, which can help rental appeal.
Tradeoffs
The pool adds maintenance and repair exposure, and the higher acquisition price keeps the gross return below the top-yield options.
Why It Fits
A cleaner choice if you want strong existing rent in a conventional single-family setup without the extra moving parts of room rentals or multifamily.
North Jones Property 6
2321 North Jones Boulevard, Las Vegas, NV 89108
Active • $900,000 • MLS #2746485
Fit Summary: A higher-entry fourplex, but the four 2-bedroom/2-bath units, no HOA and recent roof work keep the operating structure cleaner than several competing multifamily options.
Public Comments: EXCELLENT INVESTMENT OPPORTUNITY. SELLING 2 4PLEXES NEXT TO ONE ANOTHER, $900K/BUILDING. 2 BEDROOM, 2 FULL BATHROOM UNITS WITH LIVING ROOM FIREPLACE, SEPARATE LAUNDRY ROOM AND STORAGE AREA. VINYL AND TILE FLOORING THROUGHOUT. ALL APPLIANCES CONVEYED WITH SALE. NEW ROOF. CLARK COUNTY BUSINESS LICENSE REQUIREMENTS COMPLETED WITH FIRE MARSHALL INSPECTION APPROVED. NO HOA! SECOND LISTING IS MLS#2746485.
Investor Overview
Bedrooms
4 × 2-bedroom units
Bathrooms
2 baths per unit
Bed / Bath per Unit
4 × 2BR/2BA • rents of $1,425, $1,400, $1,300 and $1,300
2 Bedroom #Units 4-Fourplex Rent/UN $1,425 #1 Bath 0 #1.5 Bath 0 #2 Bath 2 Avg SF 959
2 Bedroom #Units 4-Fourplex Rent/UN $1,400 #1 Bath 0 #1.5 Bath 0 #2 Bath 2 Avg SF 959
2 Bedroom #Units 4-Fourplex Rent/UN $1,300 #1 Bath 0 #1.5 Bath 0 #2 Bath 2 Avg SF 959
2 Bedroom #Units 4-Fourplex Rent/UN $1,300 #1 Bath 0 #1.5 Bath 0 #2 Bath 2 Avg SF 959
SID / LID
SID/LID AMT: • Balance • Annual
Loan Types
Cash, Conventional
Current Rent / Gross Yield
$5,425/month • $65,100/year • approx. 7.2% gross yield
Oper Income: + • Oper Expense: = • NOI: Cap Rate • Cap Rate: Gross Rent Multiplier • GRM: Yearly Other Income Includes Late Fees • GOI: -
Shanice Review
Income / Upside
Current rents total $5,425 per month across four units. MLS also notes a new roof, separate laundry and storage areas, and completed fire-marshal and business-license requirements.
Tradeoffs
The $900,000 purchase price lowers the gross return compared with several cheaper choices, and MLS does not provide a complete operating expense picture.
Why It Fits
The appeal here is four separate rent streams without a large monthly association fee, plus some flexibility as month-to-month leases are reviewed.
Peaceful Trellis Property 7
7631 Peaceful Trellis Drive, Las Vegas, NV 89179
Active • $399,900 • MLS #2751487
Fit Summary: A newer four-bedroom rental with $2,475 monthly rent and a lease ending soon enough to give the next owner flexibility.
Public Comments: Investment opportunity with long term tenant that pays $2475 monthly! This beautifully designed 4-bedroom, 2.5-bath home is located in the highly desirable southwest part of town and offers comfort, style, and functionality. Featuring an open-concept layout, the home flows seamlessly from the living area into the kitchen, making it ideal for both everyday living and entertaining. The kitchen is equipped with granite countertops, ample cabinetry, and generous counter space. Wood laminate flooring runs throughout the home, adding warmth and durability. The large primary bedroom serves as a private retreat with plenty of room to relax, while the additional bedrooms are well-sized and versatile. A 2-car garage provides convenience and storage. With its modern finishes, thoughtful layout, and prime location close to shopping, dining, and major routes, this home is a must-see.
Investor Overview
Property Type
Single Family Residential
Bed / Bath per Unit
Single-family • 4BR/2.5BA • lease through 12/31/2026
Garage
2/390sqft/Attached, Entry to House
Appliances
Refrigerator • Disposal • Dishwasher • Washer • Dryer • Oven: Stove(G) • Microwave
Views
Fence: Backyard Full Fenced
Multi-Gen Features
Interior: Blinds
Loan Types
Cash, Conventional, FHA, VA
Current Rent / Gross Yield
$2,475/month • $29,700/year • approx. 7.4% gross yield
Shanice Review
Income / Upside
The current rent is strong against the $399,900 price, and the $82 monthly HOA is relatively light compared with the multifamily association properties.
Tradeoffs
The lease ends in December 2026, so the current income is not locked in very far. Solar is also leased and needs to be included in the real operating picture.
Why It Fits
This one gives you income now with a near-term chance to review the rent, tenant and longer-term plan instead of inheriting a multi-year lease.
Greene Property 8
5227 Greene Lane, Las Vegas, NV 89119
Active • $635,000 • MLS #2797622
Fit Summary: Not the highest gross return in the group, but one of the easier multifamily properties to evaluate because the listing provides actual operating figures and the building is already fully occupied and managed.
Public Comments: Excellent investment opportunity! NEW ROOF INSTALLED OCTOBER 2024 ($26,875). SEE DOCUMENTS/SUPPLEMENTS SECTION TO VIEW INVOICE AND PHOTOS OF WORK. This fully occupied 4-plex offers immediate cash flow with all four units currently leased, allowing a new owner to generate income from day one. The property features a desirable unit mix of two 1-bedroom/1-bath units, one 2-bedroom/2-bath unit, and one 3-bedroom/2-bath unit, appealing to a variety of tenants. Each unit includes the convenience of its own 1-car garage. The roof was replaced within the last few years, providing added value and peace of mind. Located in a gated community with access to a community pool, this property is ideally situated near Harry Reid International Airport, the Las Vegas Strip, major freeways, shopping, dining, schools, and parks. Whether you're looking to expand your investment portfolio or secure a turnkey income-producing property, this 4-plex is an outstanding opportunity.
Investor Overview
Bedrooms
Mixed 1BR, 2BR and 3BR units
Bathrooms
1 to 2 baths by unit
Bed / Bath per Unit
2 × 1BR/1BA at $1,000 • 1 × 2BR/2BA at $1,100 • 1 × 3BR/2BA at $1,425 • each unit has a 1-car garage
1 Bedroom #Units 4-Fourplex Rent/UN $1,000 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 702
1 Bedroom #Units 4-Fourplex Rent/UN $1,000 #1 Bath 1 #1.5 Bath 0 #2 Bath 0 Avg SF 702
2 Bedroom #Units 4-Fourplex Rent/UN $1,100 #1 Bath 2 #1.5 Bath 0 #2 Bath 0 Avg SF 702
3 Bedroom #Units 4-Fourplex Rent/UN $1,425 #1 Bath 2 #1.5 Bath 0 #2 Bath 0 Avg SF 1,060
Lot Size
484 sqft MLS parcel field
SID / LID
SID/LID AMT: • Balance • Annual
Loan Types
Cash, Conventional, FHA
Reported Income / Cap Rate
$54,300 GOI • $35,946 reported NOI • 5.5% reported cap • approx. 8.6% gross rent-to-price
Oper Income: $35,946 + • Oper Expense: $18,354 = • NOI: $35,946 • Cap Rate: 5.5000 • GRM: 11.9000 • GOI: $54,300 -
Shanice Review
Income / Upside
MLS reports $54,300 in gross operating income and $35,946 in NOI, with all four units occupied. The roof was replaced in October 2024 at a reported cost of $26,875.
Tradeoffs
The $810 monthly HOA is substantial, although it includes water, sewer, trash and common-area expenses. The reported operating numbers still need to be matched against the actual management records.
Why It Fits
A good option if you prefer documented performance and existing professional management over chasing the highest possible gross yield.
Enniskeen Property 9
9708 Enniskeen Avenue, Las Vegas, NV 89129
Active • $670,000 • MLS #2796990
Fit Summary: The return is lower than the strongest cash-flow properties, but the existing residential-care-home lease runs through August 2031 and gives this one a completely different income profile.
Public Comments: Exceptional investment opportunity in Northwest Las Vegas! This well-maintained single-story property is offered with an established tenant already in place, making it an ideal addition to an investor's portfolio. The home is currently leased to a licensed residential care home operator for up to 10 patients, providing immediate income potential. Buyer to independently verify all licensing requirements, lease terms, and operational details. The home features 9 bedrooms and 3.5 bathrooms with a spacious, functional floor plan designed for flexibility. Open living areas include a large family room, generous kitchen with abundant cabinetry and workspace, and a separate dining area. The expansive primary suite includes a walk-in closet and space for two patients, while the versatile layout offers multiple bedroom configurations and shared bath access. Situated on a generously sized lot, the private backyard features mature landscaping, a covered patio, an attached garage, and ample driveway parking. Conveniently located in Northwest Las Vegas near Summerlin with easy access to US-95 and the 215 Beltway, the property is close to shopping, dining, parks, medical services, and everyday amenities. Whether you're looking to add a stabilized income-producing asset or a versatile single-story property to your portfolio, this is a rare investment opportunity with an established tenant already in place.
Investor Overview
Property Type
Single Family Residential
Bed / Bath per Unit
9-bedroom single-family property leased to a residential care home operator for up to 10 patients • lease through 08/06/2031
Appliances
Disposal • Oven: Built-In Oven(G), Cooktop(G)
Views
Fence: Backyard Full Fenced
Multi-Gen Features
Interior: Blinds, Ceiling Fan(s)
Loan Types
Cash, Conventional
Current Rent / Gross Yield
$3,712/month • $44,544/year • approx. 6.6% gross yield
Shanice Review
Income / Upside
Current rent is $3,712 per month, there is no HOA, and the property is already leased to a residential care operator with a long remaining term.
Tradeoffs
The tenancy is specialized. The lease, licensing, permitted use, operator obligations and solar PPA all need to be verified carefully.
Why It Fits
The reason to consider this one is lease stability rather than maximum yield. A strong lease and operator could make the longer income visibility valuable.
Closing Read
Pardee is the cleanest balance of price and current income. Timpani produces the strongest gross return but needs the most careful due diligence. Cinnabar and Pinewood are easier single-family options with strong in-place rent. The fourplexes give you more income diversification, while Enniskeen offers unusually long lease visibility. Any property you want to move forward on should be run through the full numbers using the actual lease, expenses and financing.
Highest Gross Yield / Verify Permits
4225 Timpani Drive, Las Vegas, NV 89110
Best Overall Cash Flow
2400 Pardee Place, Las Vegas, NV 89104
High-Income Fourplex / Verify Financials
4671 Krissylouise Way, Las Vegas, NV 89121
Best Low-Entry SFR
5772 Cinnabar Avenue, Las Vegas, NV 89110
Best Turnkey SFR
2729 Pinewood Avenue, Henderson, NV 89074
Best No-HOA Fourplex
2321 North Jones Boulevard, Las Vegas, NV 89108
Best Near-Term Reset
7631 Peaceful Trellis Drive, Las Vegas, NV 89179
Best Documented Fourplex
5227 Greene Lane, Las Vegas, NV 89119
Long-Lease Wildcard
9708 Enniskeen Avenue, Las Vegas, NV 89129