Real Estate Investing in Las Vegas, Nevada (89143)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89143 (Las Vegas, NV)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Las Vegas, NV (89143)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89143 Las Vegas
The 89143 ZIP in Las Vegas, NV is a local-operator market. Outside capital chasing a $474K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 89143 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Stepping back, 89143 offers a low basis, the region around Las Vegas has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 89143 includes headwinds that any investor should price in. Income distribution skews lower than Las Vegas averages, and tenant stability requires active management.
The 89143 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 89143
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $440,806 | $2,110 | 3.4% | +7.4% | $220,403 |
| 3BR | $421,564 | $2,930 | 5.0% | +7.1% | $140,521 |
| 4BR | $501,237 | $3,360 | 4.8% | +7.3% | $125,309 |
| 5BR | $657,430 | — | — | +7.7% | $131,486 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89143 Compare?
| Metric | 89143 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $474,082 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 4.5% | 4.3% | N/A | 6.8% |
| Avg Rent | $2,278 | $1,858 | N/A | - |
| Cap Rate | 3.8% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89143 (Las Vegas, NV). Anonymous, moderated, never written by AI.
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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 | $474,082 |
| Monthly Rent | $2,278 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 89143
Population: 13,456
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 89143
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Heckethorn Howard E ES
Rhodes Betsy ES
Arbor View HS
Saville Anthony MS
Shadow Ridge HS
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 tenant pool like in Las Vegas, NV?
Expect a solid tenant pool in Las Vegas, NV. The rental market absorbs $2,278/mo rents without meaningful friction.
Does Las Vegas, NV favor landlords or tenants?
Las Vegas, NV operates under NV law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How do home values compare in Las Vegas, NV?
Homes in Las Vegas, NV typically sell near $474K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is vacancy a concern in Las Vegas, NV?
Rental vacancy in Las Vegas, NV is elevated. Investors should budget normal turnover but not chronic empty units.
Does house hacking work in Las Vegas, NV?
House hacking works a challenging in Las Vegas, NV. Rents of $2,278/mo against $474K acquisition make the strategy solid for owner-occupants.
You know 89143 now. You don’t know where it ranks.
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How 89143 ranks in Las Vegas-Henderson-Paradise, NV
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