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Market MapNevadaCarson City

Carson City

NevadaPopulation: 58,249
46
/100
Hold
#865 of 1,000 counties
#11 in Nevada (16 counties)

Market Snapshot

$479,562
Median Home Price
75% above national median
$1,821/mo
Median Rent
22% above national median
4.56%
Rent-to-Price Ratio
Top 85% nationally
-$1,330
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$479,562
Down Payment (20%)$95,912
Loan Amount$383,650
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,821
Monthly P&I-$2,514
Est. Expenses (35%)-$637
Net Cash Flow-$1,330/mo
3.0%
Cap Rate (all cash)
-14.5%
Cash-on-Cash Return
4.56%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
46/100
46
Cash Flow(30%)
38/100

Based on 4.56% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
67/100

Based on 1.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
29/100

Price-to-income ratio of 7.1x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Below-average rent-to-price ratio (4.56%)
  • -Negative cash flow at typical financing (-$1,330/mo)
  • -Negative leverage (cap rate 3.0% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Economic Indicators

Population
58,249
Median Income
$67,465
vs $62,400 national est.
Unemployment Rate
—
Data pending
Price-to-Income
7.1x
Less affordable

Compare to Nearby Counties

CountyVerdict
LyonNV
49$401,991$1,7865.33%HoldView
CurrentCarson CityNV
46$479,562$1,8214.56%Hold
MineralNV
45$115,945Est. pending—HoldView
ClarkNV
44$426,818$1,7394.89%AvoidView
DouglasNV
43$680,796$2,2724.00%AvoidView
StoreyNV
42$458,444Est. pending—AvoidView

The Bottom Line

HoldCarson City is a neutral market. Consider house hacking or targeting below-market deals.

Carson City in Nevada scores 46/100, ranking #865 of 1,000 US counties (top 86%). The 4.56% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-1,330/mo
Cap Rate
3.0%
Cash-on-Cash
-14.5%

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