ZIP CODE 89110 // LAS VEGAS-HENDERSON-PARADISE, NV // DATA AS OF 2026-09-30
Las Vegas, NV (89110) Rental Property Cap Rate & Cash Flow Report
Located in Clark County (Las Vegas, NV), Zip Code 89110 ranks #294 of 500 within this selected sample (41th percentile) with a Zillow ZHVI typical home-value index of $355,230 (-0.9% YoY) and a ZORI observed market rent of $1,312/mo (-3.0% YoY). Requires at least 62.1% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$945/mo
Annual: -$11,339/yr
Modeled Cap Rate
2.88%
NOI: $10,216/yr
Cash-on-Cash Return
-13.88%
Cash Needed: $81,703
1% Rule Ratio
0.37%
Gross Yield: 4.43%
Break-Even Rent
$2,398/mo
State Tax: 0.48%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 89110 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NV Avg 0.48%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,796/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$461/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (89110)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $293,585 | $1,077/mo | 4.40% |
| 2022 | $356,018 | $1,261/mo | 4.25% |
| 2023 | $336,933 | $1,286/mo | 4.58% |
| 2024 | $361,471 | $1,329/mo | 4.41% |
| 2025 | $358,519 | $1,353/mo | 4.53% |
| 2026 | $355,230 | $1,312/mo | 4.43% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 89121 Las Vegas, NV | $349,181 | $1,316/mo | 2.95% | -$906/mo |
| 89108 Las Vegas, NV | $353,529 | $1,434/mo | 3.25% | -$829/mo |
| 89148 Las Vegas, NV | $462,901 | $1,901/mo | 3.31% | -$1,065/mo |
| 89115 North Las Vegas, NV | $322,027 | $1,358/mo | 3.42% | -$710/mo |
| 89031 North Las Vegas, NV | $406,658 | $2,048/mo | 4.28% | -$607/mo |
| 43130 Lancaster, OH | $273,715 | $1,226/mo | 2.88% | -$728/mo |