Las Vegas combines no-income-tax structure with strong in-migration from California and a growing logistics, tech, and entertainment economy.
Median Price
$430,000
Cap Rate
5.50%
Yield
5.70%
Vacancy
6.60%
What investors should underwrite for
Vegas works for diversified buy-and-hold investors. Avoid heavy STR concentration on the Strip corridor due to permit volatility.
Next step
Use our rental ROI calculator with Las Vegas-specific rents and taxes to run a complete deal-level analysis on any property you are considering.