Real Estate Investing in Las Vegas, Nevada (89179)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89179 (Las Vegas, NV)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Las Vegas, NV (89179)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89179 Las Vegas
The 89179 ZIP covers a section of Las Vegas that demands careful diligence. Prices near $471K look accessible, but the work to make a deal cash flow is real.
The investment case in 89179 is resilient only for operators who understand what they are buying. A $471K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 89179 among NV's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 89179 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. significant returns are possible in 89179, 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 89179
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $445,304 | $3,340 | 5.4% | +6.4% | $148,435 |
| 4BR | $523,783 | $3,820 | 5.3% | +6.8% | $130,946 |
| 5BR | $588,362 | — | — | +7.3% | $117,672 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 89179 Compare?
| Metric | 89179 | Las Vegas | Las Vegas-Henderson-Paradise, NV | Nevada |
|---|---|---|---|---|
| Home Value | $471,355 | $448,661 | N/A | $444,019 |
| 5-Year CAGR | 3.4% | 4.3% | N/A | 6.8% |
| Avg Rent | $2,455 | $1,858 | N/A | - |
| Cap Rate | 4.1% | 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 89179 (Las Vegas, NV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 89179 (Las Vegas, NV)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $471,355 |
| Monthly Rent | $2,455 |
| Price-to-Rent | 16.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | -2.4% ▼ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 89179
Population: 11,971
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 89179
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
Frequently Asked Questions
Which investment style suits Las Vegas, NV?
Investors usually favor careful cash-flow rentals with hands-on management in Las Vegas, NV. With home values at $471K and rents near $2,455/mo, other strategies can work but produce steady rather than outsized returns.
How do landlord-tenant laws work in Las Vegas, NV?
NV ranks as a landlord-friendly state for landlord-tenant law. Las Vegas generally follows the statewide framework, so landlords face reasonable operating rules.
What is the typical renter like in Las Vegas, NV?
Las Vegas, NV offers a consistent renter base at the $2,455/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the investability score for Las Vegas, NV?
Yes - Las Vegas, NV a 3.0/5 investability score. With $471K home prices against $2,455/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much should I expect to pay for a home in Las Vegas, NV?
Typical homes in Las Vegas, NV go for around $471K. The 5-year CAGR of 0.0% stable price movement.
You know 89179 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89179 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 89179 ranks in Las Vegas-Henderson-Paradise, NV
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 89179 (Las Vegas)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 89179 (Las Vegas, NV).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.
