Written by: Ashley Durmo
Introduction
Las Vegas is a top destination for short-term rental investors due to its thriving tourism industry, year-round events, and reputation as an entertainment hub. This guide highlights the best-performing ZIP codes in Las Vegas, with details on gross yield, annual revenue, and property values to aid investors in making data-driven decisions.
89134 – Summerlin North
- Gross Yield: 20%
- Annual Revenue: $96,838
- Zillow Home Value: $493.1K
ZIP code 89134 covers the Summerlin North area, known for its upscale residential communities, proximity to Red Rock Canyon, and high-end shopping and dining options. With an impressive gross yield of 20% and the highest annual revenue in this list at $96,838, this ZIP code is ideal for investors targeting luxury short-term rentals. The Zillow home value of $493.1K reflects the desirability of this neighborhood, which appeals to tourists looking for a mix of luxury and outdoor recreation.
89120 – Paradise Valley
- Gross Yield: 15%
- Annual Revenue: $60,514
- Zillow Home Value: $404.6K
ZIP code 89120 is situated in the Paradise Valley area, a quieter neighborhood with easy access to the Las Vegas Strip and McCarran International Airport. With a gross yield of 15% and an annual revenue of $60,514, this area offers strong returns at a moderate investment cost. The home value of $404.6K makes it a balanced choice for investors seeking consistent rental income from visitors who want to stay close to the action without being in the middle of the Strip.
89106 – West Las Vegas
- Gross Yield: 14%
- Annual Revenue: $48,493
- Zillow Home Value: $339.1K
Located in West Las Vegas, ZIP code 89106 provides an affordable option for investors with a gross yield of 14% and an annual revenue of $48,493. The Zillow home value of $339.1K makes this an attractive entry point for those looking to invest in short-term rentals near the Las Vegas Arts District and downtown. This area appeals to tourists interested in exploring the cultural side of Las Vegas, with easy access to museums, art galleries, and local dining options.
