Las Vegas, NV โ Rental Investment Analysis
๐ดWEAKโ appreciation play onlyCap Rate
3.9%
Below average
Monthly Cash Flow
-$819
After all expenses
Price-to-Rent
14.6
Investor-friendly
DSCR
0.62
Fails
๐ Key Metrics
- Median Home Price
- $415,341
- Average Rent (3BR)
- $2,440/mo
- Price-to-Rent Ratio
- 14.6(good)
- 1% Rule
- 0.57%(fails โ need 1%+)
- Cash-on-Cash Return
- -10.7%
- Vacancy Rate
- 8.0%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
Net Migration
+11,122 households
GROWING
Total Inflow
944,574
households moved in
Avg Income (New Residents)
$95,995
per household
Where they're coming from:
1.Clark Non-migrants, NV901,867 households ยท avg $95,395
2.Los Angeles, CA7,187 households ยท avg $88,485
3.Orange, CA2,098 households ยท avg $257,605
4.San Diego, CA1,968 households ยท avg $115,951
5.San Bernardino, CA1,786 households ยท avg $60,403
Where residents are leaving to:
1.Clark Non-migrants, NV901,867 households
2.Los Angeles, CA3,068 households
3.Maricopa, AZ1,595 households
4.San Diego, CA1,133 households
5.Nye, NV999 households
๐ก Strong net inflow suggests growing rental demand and upward pressure on rents.
๐๏ธ Best Zip Codes in Las Vegas for Investors
All Zip Codes in Las Vegas
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 89103 | 6.4% | +$3 | $264,868 | $2,180/mo | 1.00 |
| 89119 | 5.8% | -$131 | $271,364 | $2,070/mo | 0.91 |
| 89118 | 5.8% | -$169 | $330,517 | $2,510/mo | 0.90 |
| 89169 | 5.3% | -$242 | $279,311 | $2,000/mo | 0.84 |
| 89179 | 5.0% | -$535 | $478,562 | $3,280/mo | 0.79 |
| 89134 | 4.8% | -$669 | $495,981 | $3,260/mo | 0.75 |
| 89143 | 4.6% | -$705 | $472,085 | $3,020/mo | 0.72 |
| 89183 | 4.6% | -$632 | $414,952 | $2,640/mo | 0.71 |
| 89178 | 4.5% | -$747 | $480,679 | $3,040/mo | 0.71 |
| 89147 | 4.5% | -$659 | $415,341 | $2,610/mo | 0.70 |
| 89145 | 4.5% | -$630 | $390,409 | $2,440/mo | 0.70 |
| 89108 | 4.3% | -$614 | $360,042 | $2,210/mo | 0.68 |
| 89128 | 4.3% | -$693 | $388,824 | $2,350/mo | 0.66 |
| 89141 | 4.3% | -$940 | $528,802 | $3,200/mo | 0.67 |
| 89130 | 4.2% | -$813 | $444,274 | $2,660/mo | 0.66 |
| 89123 | 4.2% | -$819 | $439,122 | $2,610/mo | 0.65 |
| 89129 | 4.1% | -$857 | $445,983 | $2,620/mo | 0.64 |
| 89101 | 4.1% | -$615 | $318,863 | $1,870/mo | 0.64 |
| 89107 | 4.1% | -$679 | $351,473 | $2,060/mo | 0.64 |
| 89122 | 4.0% | -$693 | $354,638 | $2,070/mo | 0.63 |
| 89144 | 3.9% | -$1,072 | $526,602 | $3,020/mo | 0.62 |
| 89166 | 3.9% | -$1,021 | $500,740 | $2,870/mo | 0.62 |
| 89115 | 3.9% | -$670 | $326,942 | $1,870/mo | 0.62 |
| 89121 | 3.9% | -$734 | $355,983 | $2,030/mo | 0.61 |
| 89148 | 3.9% | -$995 | $473,766 | $2,680/mo | 0.61 |
| 89110 | 3.8% | -$767 | $359,614 | $2,020/mo | 0.60 |
| 89142 | 3.8% | -$792 | $364,502 | $2,030/mo | 0.59 |
| 89106 | 3.8% | -$740 | $337,335 | $1,870/mo | 0.59 |
| 89113 | 3.8% | -$1,050 | $478,255 | $2,650/mo | 0.59 |
| 89146 | 3.7% | -$892 | $403,771 | $2,230/mo | 0.58 |
| 89139 | 3.7% | -$1,047 | $466,928 | $2,560/mo | 0.58 |
| 89102 | 3.6% | -$865 | $376,541 | $2,040/mo | 0.57 |
| 89120 | 3.6% | -$952 | $412,669 | $2,230/mo | 0.57 |
| 89156 | 3.5% | -$849 | $359,614 | $1,920/mo | 0.56 |
| 89117 | 3.5% | -$1,161 | $482,491 | $2,550/mo | 0.55 |
| 89104 | 3.5% | -$882 | $360,819 | $1,890/mo | 0.54 |
| 89109 | 3.2% | -$1,009 | $377,282 | $1,870/mo | 0.50 |
| 89149 | 3.0% | -$1,387 | $499,054 | $2,410/mo | 0.48 |
| 89135 | 3.0% | -$2,021 | $722,144 | $3,470/mo | 0.47 |
| 89131 | 2.8% | -$1,637 | $541,027 | $2,450/mo | 0.43 |
| 89138 | 2.7% | -$2,428 | $782,478 | $3,470/mo | 0.42 |
| 89124 | 2.3% | -$1,759 | $520,253 | $2,130/mo | 0.36 |
| 89158 | 1.9% | -$2,339 | $628,153 | $2,310/mo | 0.30 |
| 89004 | 1.8% | -$2,631 | $694,534 | $2,500/mo | 0.29 |
| 89161 | 0.6% | -$4,959 | $1,033,956 | $2,450/mo | 0.10 |