Real Estate Investing in Las Vegas, Nevada (89107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89107 (Las Vegas, 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.
- Elevated vacancy: 8.3% vacancy may signal weakening demand.
What’s happening in Las Vegas, NV (89107)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89107 Las Vegas
Put differently, ZIP 89107 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $354K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 89107 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 89107's metrics run below Clark County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 89107 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 89107 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Las Vegas:
Property Strategy for 89107
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $162,205 | $1,350 | 6.0% | +8.1% | $162,205 |
| 2BR | $238,479 | $1,590 | 4.8% | +6.9% | $119,239 |
| 3BR | $345,161 | $2,210 | 4.6% | +7.5% | $115,054 |
| 4BR | $386,426 | $2,560 | 4.8% | +7.4% | $96,606 |
| 5BR | $448,678 | — | — | +7.1% | $89,736 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89107 Compare?
| Metric | 89107 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $354,389 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 4.6% | 4.3% | N/A | 6.8% |
| Avg Rent | $1,367 | $1,858 | N/A | - |
| Cap Rate | 3.0% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89107 (Las Vegas, NV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 89107 (Las Vegas, NV)?
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Property managers serving Clark County
Manage rentals here? List your business →Elite HOA Management, Inc. helps communities meet their goals and improve their bottom line with responsive 24-hour access and experienced staff in Las Vegas, NV. summary from their website
Golden Assets & Property Management LLC offers residential and commercial rental property management in the Las Vegas Valley, including single-family homes, fourplexes, and condominiums. summary from their website
Las Vegas Valley Community Management provides community management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $354,389 |
| Monthly Rent | $1,367 |
| Price-to-Rent | 21.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | -0.2% ▼ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 Rent Trends
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 89107
Population: 37,087
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 89107
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,008 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Las Vegas, NV?
Expect elevated vacancy in Las Vegas, NV. Rents at $1,367/mo are absorbed by the tenant base without meaningful lag.
How much rent can I charge in Las Vegas, NV?
Rental rates in Las Vegas, NV average $1,367/mo. Tenant demand and $354K home values make the yield look reasonable by investor standards.
What is the median home value in Las Vegas, NV?
Las Vegas, NV median home values land near $354K. That is reasonable territory for investors looking at $1,367/mo-per-month rentals.
What does house hacking look like in Las Vegas, NV?
House hacking works a challenging in Las Vegas, NV. Rents of $1,367/mo against $354K acquisition make the strategy solid for owner-occupants.
Which investment style suits Las Vegas, NV?
Most investors in Las Vegas, NV run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 89107 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89107 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.
How 89107 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
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