Real Estate Investing in Gardnerville, Nevada (89410)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Douglas County • Population: 10,970 • Data updated: September 2026

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Should you buy in 89410 (Gardnerville, NV)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Gardnerville, NV (89410)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $633,269
Avg Monthly Rent $2,300
1% Rule ✗ Does Not Meet
Median Income $77,800
% Renters 31.2%

Market Analysis: 89410 Gardnerville

The 89410 ZIP covers a section of Gardnerville that demands careful diligence. Prices near $633K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 89410 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

In the broader NV picture, 89410 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 89410 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategically, 89410 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Gardnerville:

D Needs Caution
Buy Confidence Score: 46/100
Affordability
0/25
Appreciation
14/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 8.1× the median income
Value Trend
Rising (+5.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,300/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Gardnerville Ranchos, NV Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Gardnerville Ranchos, NV metro data
🏠

Property Strategy for 89410

Which property type performs best in this market?

Best for Cash Flow
3BR
2.7% cap rate
Best for Appreciation
5BR
+8.3% 5yr CAGR
Best Overall Value
3BR
$192,969/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $423,955 $1,570 2.7% +4.6% $211,978
3BR $578,906 $2,180 2.7% +6.3% $192,969
4BR $791,853 $2,630 2.4% +7.2% $197,963
5BR $1,159,918 +8.3% $231,984

Market Trends

Home Value History (with trend line)

$668K$567K$465K$364K$263K$161KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,324$2,283$2,242$2,202$2,161$2,120Jul 2025Jan 2026Jul 2026

📊 How Does 89410 Compare?

Metric 89410 Gardnerville Gardnerville Ranchos, NV Nevada
Home Value $633,269 $615,904 N/A $444,019
5-Year CAGR 2.7% 3.1% N/A 6.8%
Avg Rent $2,300 $1,812 N/A -
Cap Rate 2.8% 2.3% - -
💡 Why Invest in 89410? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 89410 (Gardnerville, NV). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+2.7%
Slow

📉 Market Crash Risk Index

Based on Gardnerville Ranchos, NV metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
64%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $633,269
Monthly Rent $2,300
Price-to-Rent 22.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.8%
5-Year IRR 5.6%

📈 Home Appreciation

1-Year +5.1% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +2.7% ▲
10-Year CAGR +7.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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.

Vacancy
5.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 89410

Population: 10,970

💰 Median Household Income
$77,800
This area
$77,800
State
$77,928
USA
$74,580
🏠 Renter Occupied
31.2%
This area
31.2%
State
33.6%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-18.7%
USA
3.7%
🎓 College Educated
28.3%
This area
28.3%
State
1.9%
USA
33.7%
👤 Median Age
54.6 years
This area
54.6 years
State
9.8 years
USA
38.9 years
🏚️ Vacancy Rate
5.3%
This area
5.3%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 83.1%
Other/Mixed 13.7%
Hispanic/Latino 10.6%
Black/African American 1.8%
Asian 1.5%
👶 Under 18
14.8%
This area
14.8%
USA
22.0%
👴 65 and Over
31.6%
This area
31.6%
USA
17.3%
📊 Poverty Rate
5.1%
This area
5.1%
USA
11.5%

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 89410

C+ Avg School Grade
3 Schools
19.7:1 Avg Class Size
$12,964 Avg Per Pupil

Schools in This ZIP Code

B Good

Gardnerville Elementary School

📚 Pre-K – 05 Elementary
👥
315 Students
👨‍🏫
16.2:1 Class Size
💰
$12,964 Per Student
C+ Average

Carson Valley Middle School

📚 06 – 08 Middle
👥
603 Students
👨‍🏫
23.2:1 Class Size
💰
$12,964 Per Student
D Needs Improvement

Jacobsen High School

📚 07 – 12 High School Limited Data
👥
22 Students
💰
$12,964 Per Student
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.

Frequently Asked Questions

What do landlords charge for rent in Gardnerville, NV?

Rental rates in Gardnerville, NV average $2,300/mo. Tenant demand and $633K home values make the yield look reasonable by investor standards.

Is rental property easy to operate in Gardnerville, NV?

For rental operators, Gardnerville, NV rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Is Gardnerville, NV better for rentals, flips, or BRRRR?

Investors usually favor careful cash-flow rentals with hands-on management in Gardnerville, NV. With home values at $633K and rents near $2,300/mo, other strategies can work but produce predictable rather than outsized returns.

Does house hacking work in Gardnerville, NV?

The house hack math a challenging in Gardnerville, NV. Owner-occupant buyers benefit from the $2,300/mo rents and $633K home values.

How strong is Gardnerville, NV for real estate investors?

Gardnerville, NV reports an investability rating of 3.0/5, with median home values near $633K and average rents around $2,300/mo. That combination puts it in the robust tier for investor interest.

You know 89410 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 89410 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.

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How 89410 ranks in Gardnerville Ranchos, NV

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation →
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