Real Estate Investing in Nixon, Nevada (89510)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89510 (Nixon, NV)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 34.9 — 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 Nixon, NV (89510)?
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Market Analysis: 89510 Nixon
Not every below-median market is a bargain. Nixon's 89510 ZIP registers signals that favor experienced operators who can absorb the risk $792K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 89510 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within NV, ZIP 89510 trails on several market indicators that neighboring Washoe County submarkets outperform. The gap is real and impressive enough to shape underwriting.
A substantial renter share of 10% in 89510 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 89510 is an operator game, not a passive one. Meanwhile, entry prices of $792K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Nixon:
Property Strategy for 89510
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $724,588 | $2,850 | 2.8% | +5.1% | $241,529 |
| 4BR | $875,273 | $3,310 | 2.7% | +6.3% | $218,818 |
Market Trends
Home Value History (with trend line)
📊 How Does 89510 Compare?
| Metric | 89510 | Nixon | Reno, NV | Nevada |
|---|---|---|---|---|
| Home Value | $792,209 | $396,104 | N/A | $444,019 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 6.8% |
| Avg Rent | $1,890 | $1,890 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89510 (Nixon, NV). Anonymous, moderated, never written by AI.
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Property managers serving Washoe County
Manage rentals here? List your business →Incline Property Management has been working with homeowners in the Reno, Carson, and Lake Tahoe region since 1979, specializing in quality second home care, grounds maintenance, home cleaning, inspec summary from their website
PMI Reno provides residential and commercial property management services, including marketing, tenant screening, rent collection, and maintenance. summary from their website
Real Property Management Corazon offers property management services in Reno, NV. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $792,209 |
| Monthly Rent | $1,890 |
| Price-to-Rent | 34.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 4.4% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (1.9%). 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 89510
Population: 1,570
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
Frequently Asked Questions
What is the median home value in Nixon, NV?
Expect median prices around $792K in Nixon, NV. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the typical renter like in Nixon, NV?
Tenant quality in Nixon, NV ranks as solid. Landlords generally report measured occupancy at market rents of $1,890/mo.
What investment strategy works best in Nixon, NV?
Most investors in Nixon, 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.
Can I house hack in Nixon, NV?
Nixon, NV is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $792K price point reasonable to enter.
Should investors worry about vacancy in Nixon, NV?
Vacancy in Nixon, NV is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,890/mo.
You know 89510 now. You don’t know where it ranks.
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How 89510 ranks in Reno, NV
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