Real Estate Investing in Las Vegas, Nevada (89144)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89144 (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 (89144)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89144 Las Vegas
The 89144 ZIP in Las Vegas, NV is a local-operator market. Outside capital chasing a $522K entry has to pair deep knowledge with the discount.
The investment case in 89144 is resilient only for operators who understand what they are buying. A $522K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within NV, ZIP 89144 trails on several market indicators that neighboring Clark County submarkets outperform. The gap is real and impressive enough to shape underwriting.
The demographic picture in 89144 includes headwinds that any investor should price in. Income distribution skews lower than Las Vegas averages, and tenant stability requires active management.
The 89144 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 89144
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $362,846 | $2,200 | 4.4% | +7.5% | $181,423 |
| 3BR | $482,124 | $3,060 | 4.6% | +7.5% | $160,708 |
| 4BR | $724,870 | $3,510 | 3.5% | +8.2% | $181,218 |
| 5BR | $945,228 | — | — | +9.2% | $189,046 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89144 Compare?
| Metric | 89144 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $522,037 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 6.8% |
| Avg Rent | $2,134 | $1,858 | N/A | - |
| Cap Rate | 3.2% | 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 89144 (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 | $522,037 |
| Monthly Rent | $2,134 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +1.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 89144
Population: 19,949
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 89144
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Smith Helen M ES
Jacobson Walter ES
Lummis William ES
Johnson Walter JHS Academy of Int'l Studies
Discovery Charter School HillPointe
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
How much should I expect to pay for a home in Las Vegas, NV?
Expect median prices around $522K in Las Vegas, NV. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What investment strategy works best in 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.
How qualified is the tenant pool in Las Vegas, NV?
Expect a solid tenant pool in Las Vegas, NV. The rental market absorbs $2,134/mo rents without meaningful friction.
Is Las Vegas, NV good for landlords?
For rental operators, Las Vegas, NV rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Las Vegas, NV a good market for buy-and-hold investors?
Our data puts Las Vegas, NV at 3.0/5 for investability. Home prices of $522K and rents around $2,134/mo create a solid backdrop for investor activity.
You know 89144 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89144 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 89144 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
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