Real Estate Investing in Yerington, Nevada (89447)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89447 (Yerington, NV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Yerington, NV (89447)?
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Market Analysis: 89447 Yerington
Looking more closely, ZIP 89447 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $319K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 89447 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Yerington have seen price recovery that 89447 has not matched. Lyon County data supports the view that the spread is structural rather than temporary.
Stepping back, 8,410 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 89447 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 Yerington:
Property Strategy for 89447
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $228,616 | $1,130 | 3.6% | +5.7% | $114,308 |
| 3BR | $311,387 | $1,580 | 3.7% | +5.1% | $103,796 |
| 4BR | $397,164 | $1,890 | 3.4% | +4.7% | $99,291 |
Market Trends
Home Value History (with trend line)
📊 How Does 89447 Compare?
| Metric | 89447 | Yerington | Fernley, NV | Nevada |
|---|---|---|---|---|
| Home Value | $319,363 | $319,363 | N/A | $444,019 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 6.8% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 89447 (Yerington, NV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $319,363 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (2.5%). 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 89447
Population: 8,410
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 89447
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.
Frequently Asked Questions
How much does a house cost in Yerington, NV?
Expect median prices around $319K in Yerington, NV. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
How strong is the working-renter base in Yerington, NV?
The tenant pool in Yerington, NV is solid, supported by local employment and population fundamentals. Rents of $1,017/mo are well-absorbed by the market.
Is NV a landlord-friendly state?
Rental owners in Yerington, NV deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Yerington, NV a smart market for rental property?
Yerington, NV scores 3.0/5 for investability. Home values sit at $319K and rents near $1,017/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Does house hacking make sense in Yerington, NV?
Yerington, NV is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $319K price point reasonable to enter.
You know 89447 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 89447 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 89447 ranks in Fernley, NV
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