Real Estate Investing in Stateline, Nevada (89449)

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

Douglas County • Population: 2,785 • Data updated: September 2026

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Should you buy in 89449 (Stateline, NV)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (19/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 38.8% of homes vacant — above national norms.
  • Declining values: -0.5% 5-year CAGR — values have moved lower.

What’s happening in Stateline, NV (89449)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $769,749
Avg Monthly Rent $2,779
1% Rule ✗ Does Not Meet
Median Income $68,077
% Renters 43.5%

Market Analysis: 89449 Stateline

The 89449 ZIP in Stateline, NV is a local-operator market. Outside capital chasing a $770K entry has to pair deep knowledge with the discount.

Rent of $2,779/mo on a $770K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 89449 sits below the stated 0.0% once reality is priced in.

The gap between 89449 and stronger Stateline ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Turning to rents, 2,785 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.

New investors are better served looking at Stateline's stable or hybrid ZIPs before stepping into 89449. The learning curve here is expensive when the lesson is wrong.

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 Stateline:

D Needs Caution
Buy Confidence Score: 33/100
Affordability
0/25
Appreciation
5/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 11.3× the median income
Value Trend
Rising (+3.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,779/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 89449

Which property type performs best in this market?

Best for Cash Flow
2BR
2.1% cap rate
Best for Appreciation
4BR
+9.1% 5yr CAGR
Best Overall Value
2BR
$283,765/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $567,529 $1,620 2.1% +4.3% $283,765
3BR $903,234 $2,250 1.8% +6.5% $301,078
4BR $1,282,728 $2,720 1.5% +9.1% $320,682

Market Trends

Home Value History (with trend line)

$953K$821K$690K$558K$426K$295KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$3,112$2,978$2,844$2,710$2,576$2,442Aug 2025Feb 2026Jul 2026

📊 How Does 89449 Compare?

Metric 89449 Stateline Gardnerville Ranchos, NV Nevada
Home Value $769,749 $769,749 N/A $444,019
5-Year CAGR N/A N/A N/A 6.8%
Avg Rent $2,779 $2,779 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 89449? Click to expand

A healthy rental market with 44% renter-occupied households ensures tenant availability.

📊 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 89449 (Stateline, NV). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.8%
Low
5yr Growth
-0.5%
Declining

📉 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 $769,749
Monthly Rent $2,779
Price-to-Rent 23.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 2.3%

📈 Home Appreciation

1-Year +3.3% ▲
3-Year CAGR +0.1% ▲
5-Year CAGR -0.5% ▼
10-Year CAGR +4.8% ▲

🏠 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
38.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-0.5%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 89449

Population: 2,785

💰 Median Household Income
$68,077
This area
$68,077
State
$77,928
USA
$74,580
🏠 Renter Occupied
43.5%
This area
43.5%
State
33.6%
USA
34.0%
💼 Unemployment Rate
1.0%
This area
1.0%
State
-18.7%
USA
3.7%
🎓 College Educated
43.7%
This area
43.7%
State
1.9%
USA
33.7%
👤 Median Age
50.3 years
This area
50.3 years
State
9.8 years
USA
38.9 years
🏚️ Vacancy Rate
38.8%
This area
38.8%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 70.4%
Other/Mixed 23.1%
Hispanic/Latino 19.6%
Asian 3.4%
Black/African American 3.0%
👶 Under 18
11.7%
This area
11.7%
USA
22.0%
👴 65 and Over
23.6%
This area
23.6%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
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

🎓 Nearby Colleges & Universities

1 Nearby 1,941 Off-Campus Students
C
Lake Tahoe Community College
3,376 students · 4.4 mi

Investor Insight: With 1,941 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Stateline, NV a good market for buy-and-hold investors?

Investors tracking Stateline, NV will find a 2.0/5 rating supported by $770K median home values and $2,779/mo rents. That profile suits long-term holders targeting stable returns.

What are vacancy rates like in Stateline, NV?

Vacancy in Stateline, NV is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,779/mo.

What investment strategy works best in Stateline, NV?

Most investors in Stateline, NV run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.

How qualified is the tenant pool in Stateline, NV?

Expect a solid tenant pool in Stateline, NV. The rental market absorbs $2,779/mo rents without meaningful friction.

Are landlord laws favorable in Stateline, NV?

Stateline, NV operates under NV law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.

You know 89449 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 89449 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 89449 ranks in Gardnerville Ranchos, NV

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation →
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