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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Logandale at 1182 Thomas Bay Cir, Logandale, NV, 89021 generates $4,526/mo in rent, after a $4,792/mo payment. Total monthly income is $4,526/mo. Return on cash invested sits at 15.41% in year one, and rental yield is 5.55% on a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation builds toward $270,480 over five years. Five-year ROI reaches 78.31% and total cumulative return in cash sums $252,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,526/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.51 Acres lot
$N/A/sqft
$1,400 annually HOA
Neighborhood data shown for ZIP Code: 89021, Logandale, NV area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,136 (100%) |
| Owner Occupied HU | 977 (86.0%) |
| Renter Occupied HU | 116 (10.2%) |
| Vacant Housing Units | 43 ( 3.8%) |
| Median Home Value | $583,459 |
| Average Home Value | $630,481 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
63
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $979,000 |
| 2020-01-22 | Sold | $490,000 |
| 2019-12-16 | Pending sale | $540,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $4112.48 | 2.98% | $379,388 | 22.23% |
| 2023-05-23 | $3993.40 | 2.98% | $310,399 | 5.91% |
| 2022-05-23 | $3877.79 | 2.98% | $293,070 | -24.24% |
No similar rental properties found nearby.
Listed by: Karyn Carlton • Carlton Holland Realty
Mls Name: GLVAR
Mls Provider:
Mls ID: #2683845
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)
