Real Estate Investing in Las Vegas, Nevada (89158)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89158 (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 balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 58.2% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely.
What’s happening in Las Vegas, NV (89158)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89158 Las Vegas
Investors eyeing 89158 need to respect the fundamentals at play. Home values of $593K come alongside slower price movement and elevated management overhead.
Meanwhile, the numbers look inviting — $593K purchase price, 0.0% nominal cap — the work to hit that pro forma in 89158 is substantial and deserves full respect.
Statewide comparisons place 89158 among NV's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A significant renter share of 46% in 89158 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. healthy returns are possible in 89158, 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 Las Vegas:
Property Strategy for 89158
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $551,558 | $2,210 | 2.9% | +1.8% | $551,558 |
| 2BR | $1,651,187 | $2,600 | 1.1% | +7.4% | $825,593 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89158 Compare?
| Metric | 89158 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $592,726 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 7.2% | 4.3% | N/A | 6.8% |
| Avg Rent | $5,233 | $1,858 | N/A | - |
| Cap Rate | 6.9% | 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 89158 (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 | $592,726 |
| Monthly Rent | $5,233 |
| Price-to-Rent | 9.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.6% |
| Cap Rate | 6.9% |
| 5-Year IRR | 14.1% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 89158
Population: 593
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 89158
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Paradise Prof Dev ES
Decker C H ES
Earl Marion B ES
Rowe Lewis E ES
Thiriot Joseph E ES
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 3,824 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking make sense in Las Vegas, NV?
The a challenging house-hack environment in Las Vegas, NV reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the renter demographic in Las Vegas, NV?
The renter base in Las Vegas, NV is reasonable for the $5,233/mo price point. Screening well and pricing to market typically yields measured tenants.
Are homes affordable in Las Vegas, NV?
Expect median prices around $593K in Las Vegas, NV. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
How do landlord-tenant laws work in Las Vegas, NV?
Landlord-friendliness in Las Vegas, NV is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How do experienced investors play Las Vegas, NV?
Las Vegas, NV investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($593K prices, $5,233/mo rents) make it a reasonable choice.
You know 89158 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89158 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 89158 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
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