5130 Mandalay Springs Dr UNIT 102Las VegasNV89120
Nearby investment properties with comparable rents
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Las Vegas at 5130 Mandalay Springs Dr UNIT 102, Las Vegas, NV, 89120 generates $1,898/mo in rent and, after a $1,267/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,898/mo, and annual cash flow is $1,097/yr on $85,792 invested. Return on cash invested sits at 21.19% in year one, and rental yield is 8.8% on a $258,800 entry. Equity gained on principal adds $1,670/yr, while 5% annual appreciation builds toward $71,502 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash sums $95,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,898/mo property income rather than buyer’s personal income.
Condo
Built in 1996
4,935 sqft lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89120, Las Vegas, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,366 (100%) |
| Owner Occupied HU | 5,812 (56.1%) |
| Renter Occupied HU | 4,052 (39.1%) |
| Vacant Housing Units | 502 ( 4.8%) |
| Median Home Value | $442,122 |
| Average Home Value | $518,913 |
Housing Distribution
Address Breakdown
Residential
9,723
Single Family
6,496
Multi-Family
3,227
Businesses
2,035
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Listed by: Michael J. Ray • RE/MAX Legacy
Mls Name: GLVAR
Mls Provider:
Mls ID: #2668493
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)