Real Estate Investing in Silver City, Nevada (89428)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89428 (Silver City, NV)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Silver City, NV (89428)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89428 Silver City
ZIP 89428 in Silver City, NV carries a durable set of headwinds. Home values near $315K and rents of $1,422/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 89428 can be a a credible choice for hunting ground — but the discount at $315K reflects genuine risk that outside investors often underestimate.
Regionally, 89428 sits on the difficult end of the NV spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 89428 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 89428 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Silver City:
Market Trends
Home Value History (with trend line)
📊 How Does 89428 Compare?
| Metric | 89428 | Silver City | Fernley, NV | Nevada |
|---|---|---|---|---|
| Home Value | $315,145 | $315,145 | N/A | $444,019 |
| 5-Year CAGR | 2.9% | 2.9% | N/A | 6.8% |
| Avg Rent | $1,422 | $1,422 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 89428 (Silver City, NV). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 89428 (Silver City, NV)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $315,145 |
| Monthly Rent | $1,422 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 89428
Population: 124
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
🎓 Nearby Colleges & Universities
Investor Insight: With 3,048 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Silver City, NV?
Silver City, NV home values average about $315K. That price point suits investors targeting rentals with $1,422/mo in monthly income.
Is Silver City, NV good for house hacking?
Silver City, NV is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $315K price point reasonable to enter.
How much rent can I charge in Silver City, NV?
Rental rates in Silver City, NV average $1,422/mo. Tenant demand and $315K home values make the yield look reasonable by investor standards.
How landlord-friendly is Silver City, NV?
NV law landlord-friendly for landlords, and Silver City inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical renter like in Silver City, NV?
The renter base in Silver City, NV is reasonable for the $1,422/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 89428 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89428 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 89428 ranks in Fernley, NV
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 89428 (Silver City)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 89428 (Silver City, NV).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.