Real Estate Investing in Panaca, Nevada (89042)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89042 (Panaca, NV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Panaca, NV (89042)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89042 Panaca
The 89042 ZIP covers a section of Panaca that demands careful diligence. Prices near $239K look accessible, but the work to make a deal cash flow is real.
The investment case in 89042 is resilient only for operators who understand what they are buying. A $239K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 89042 and stronger Panaca ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 89042 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. substantial returns are possible in 89042, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Panaca:
Market Trends
Home Value History (with trend line)
📊 How Does 89042 Compare?
| Metric | 89042 | Panaca | Nevada |
|---|---|---|---|
| Home Value | $238,531 | $238,531 | $444,019 |
| 5-Year CAGR | 3.1% | 3.1% | 6.8% |
| Avg Rent | $1,053 | $1,053 | - |
| Cap Rate | 3.4% | 3.4% | - |
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89042 (Panaca, NV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $238,531 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 89042
Population: 1,334
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 89042
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Are homes affordable in Panaca, NV?
Panaca, NV median home values land near $239K. That is reasonable territory for investors looking at $1,053/mo-per-month rentals.
What kind of vacancy should I budget for in Panaca, NV?
Occupancy in Panaca, NV runs predictable with elevated vacancy. Well-priced units at $1,053/mo lease on reasonable timelines.
Is Panaca, NV good for landlords?
For rental operators, Panaca, NV rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Panaca, NV suited for a house hack?
For house hackers, Panaca, NV is a challenging. The $1,053/mo rent on a unit helps defray the mortgage on a $239K property.
What is the renter demographic in Panaca, NV?
Panaca, NV offers a consistent renter base at the $1,053/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 89042 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89042 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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