Gross rental yield of 5.62% — ranked #19 of 84 Nevada ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.0% | +14.3% |
| Market rent | +6.7% | +25.2% |
Metro: Fernley, NV · County: Lyon County · Annual rent: $22,692
Similar home values, sorted by yield — the cheapest way to see if 89408 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 89031 | North Las Vegas | NV | $412,722 | $2,064 | 6.00% | 16.7 | -1.8% |
| 89015 | Henderson | NV | $406,811 | $1,896 | 5.59% | 17.9 | -2.0% |
| 89032 | North Las Vegas | NV | $392,618 | $1,728 | 5.28% | 18.9 | -2.1% |
| 89183 | Las Vegas | NV | $411,722 | $1,792 | 5.22% | 19.1 | -3.6% |
| 89147 | Las Vegas | NV | $414,624 | $1,747 | 5.06% | 19.8 | -4.6% |
| 89431 | Sparks | NV | $405,828 | $1,676 | 4.96% | 20.2 | +0.5% |
| 89146 | Las Vegas | NV | $404,804 | $1,598 | 4.74% | 21.1 | -2.8% |
| 89014 | Henderson | NV | $406,147 | $1,468 | 4.34% | 23.1 | -2.9% |
Top rental yields in all of Nevada →
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