Real Estate Investing in Wells, Nevada (89835)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 89835 (Wells, NV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 36.6% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wells, NV (89835)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 89835 Wells
ZIP 89835 in Wells, NV carries a sturdy set of headwinds. Home values near $218K and rents of $1,305/mo sit inside a market where underwriting has to be tight.
Rent of $1,305/mo on a $218K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 89835 sits below the stated 0.0% once reality is priced in.
Regionally, 89835 sits on the difficult end of the NV spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 89835 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 89835 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.
Here's what matters if you're considering buying a home in Wells:
Market Trends
Home Value History (with trend line)
📊 How Does 89835 Compare?
| Metric | 89835 | Wells | Nevada |
|---|---|---|---|
| Home Value | $217,578 | $217,578 | $444,019 |
| 5-Year CAGR | 0.6% | 0.6% | 6.8% |
| Avg Rent | $1,305 | $1,305 | - |
| Cap Rate | 4.7% | 4.7% | - |
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 89835 (Wells, NV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $217,578 |
| Monthly Rent | $1,305 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 5.3% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +2.5% ▲ |
🏠 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 (4.7%). 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 89835
Population: 1,481
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 89835
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
Are homes affordable in Wells, NV?
Wells, NV median home values land near $218K. That is reasonable territory for investors looking at $1,305/mo-per-month rentals.
What is the renter demographic in Wells, NV?
Tenant quality in Wells, NV ranks as solid. Landlords generally report reliable occupancy at market rents of $1,305/mo.
Is Wells in NV worth investing in?
Our data puts Wells, NV at 3.0/5 for investability. Home prices of $218K and rents around $1,305/mo create a solid backdrop for investor activity.
Does Wells, NV favor landlords or tenants?
Rental owners in Wells, NV deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Do rentals sit vacant long in Wells, NV?
Rental vacancy in Wells, NV is elevated. Investors should budget normal turnover but not chronic empty units.
You know 89835 now. You don’t know where it ranks.
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