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Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,723
$3,226
Appreciation
Data-driven answers to common investor questions about this market.
7.85%
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Job Growth
0.01%
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Population
650,873
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The LTR Genie Score of Las Vegas, NV is 71, indicating a high level of rentability for long-term rental properties in the area. The STR Genie Score is even higher at 75, suggesting that short-term rental properties, such as those listed on Airbnb, are also performing well in the market. The strong performance of both rental strategies is likely due to the high demand for housing in Las Vegas, as indicated by the relatively low 1-year price appreciation forecast of 0.88%.
Las Vegas is a popular tourist destination known for its vibrant entertainment scene, world-class dining, and bustling nightlife. The city attracts millions of visitors each year, creating a steady demand for short-term rental accommodations. Additionally, Las Vegas has a growing population and a strong job market, making it an attractive location for long-term rental investments as well.
Based on the high LTR and STR Genie Scores, as well as the positive rental growth rates and net ROI figures, Las Vegas, NV appears to be a promising market for real estate investors. Both long-term and short-term rental strategies seem to be performing well in the area, making it a versatile option for investors looking to diversify their portfolio. Overall, Las Vegas presents a compelling opportunity for those considering real estate investments in the current market conditions.