3421 Pueblo Rd · Pahrump, NV 89048

$165,000

4 bd · 1.5 ba · 986 sqft · Other public records · 11 Days on market

Built 1975 0.93 ac lot ↓ 4% since listing

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.4/30.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• 1% rule +5.5/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to the little log cabin in Pahrump. This comfy and cozy place is ready for you and your animals. Sitting on the wood front porch looking at the mature landscaping with fruit trees and grass. A unique opportunity offering space, flexibility, and country living on a full acre of land! This home has been expanded with thoughtful additions, creating a larger and more functional living space with plenty of room to spread out. Enjoy the freedom of wide-open outdoor space perfect for RVs, toys, animals, gardening, or future improvements. The property offers endless potential for those seeking a peaceful lifestyle away from the hustle. Whether you're looking for an affordable primary reside

Key facts

• Full acre of land
• Mature landscaping
• Fruit trees

Tags

• LOG CABIN
• WOOD FRONT PORCH
• MATURE LANDSCAPING
• FRUIT TREES
• FULL ACRE OF LAND
• EXPANDED LIVING SPACE

Property features AI

Finance

• Other: Annual tax amount reported

Exterior

• Parking: Open parking; RV potential and RV access/parking
• Utilities: Electricity available; Septic available (septic tank installed); Private well water
• Home design: Single-story; Resale property; Metal roof; Mobile home dimensions approximately 60' x 24'; Zoned for single family with horses permitted
• Construction: Metal roof; Resale condition
• Exterior features: Private yard; Back yard; Front yard; Covered patio; Porch; Awning(s); Dog run; Garden; Fruit trees; Landscaped; Trees; Above-ground spa; Shed(s); Full chain-link fencing; Has view; Faces north

Interior

• Kitchen: Electric cooktop; Dishwasher; Disposal; Refrigerator
• Bedrooms: Up to 4 bedrooms possible; Bedroom 4 (no closet) approximately 11x11; Bedroom 3 with closet approximately 12x12; Bedroom 2 with ceiling fan approximately 10x10; Primary bedroom with walk-in closet approximately 18x16
• Flooring: Carpet; Linoleum/vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Electric heating; Wall furnace; Evaporative cooling; Window cooling unit(s); Electric cooling
• Interior features: Double pane windows; Drapes; Window treatments; Paneling/wainscoting; Ceiling fan(s); Bedroom on main level; Primary bedroom downstairs; Unfurnished
• Laundry & utility: Washer; Dryer; Electric dryer hookup on main level

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath other listed at $165k.

Deal economics

• At list price, monthly cash flow is $382 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Cap rate 9.1% vs local median 3.4% in Pahrump — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#30 in NV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, schools F, crime F.
• Nye County School District (rural): math 20% / reading 33% proficiency, ranked #16 of 17 in NV (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+2.7%/yr); 1116 active listings in the ZIP.
• This rent runs 34% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Nye County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $165,000

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.05% ✓
• Cap rate: 9.07%
• Cash-on-cash: 9.93%
• DSCR: 1.44
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.73% rent growth · sell at horizon

5-year hold

• IRR: -1.7%
• Equity multiple: 0.94×
• Total profit: $-2,918
• Equity at exit: $24,602

10-year hold

• IRR: 7.7%
• Equity multiple: 1.58×
• Total profit: $26,628
• Equity at exit: $14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 71 Landlord-Friendly
• State Nevada: 71 Landlord-Friendly · R+1
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; Clark County (Vegas) had pandemic backlogs; generally landlord-friendly but courts slow.

Methodology + full state rankings →

ZIP-level market 89048

• Home prices YoY: -7.2%
• Rents YoY: 2.7%
• Active inventory: 1116
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,732 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$52 /mo · $623/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $382

Break-even live

Break-even rent $1,248

Max offer price $165,000

Occupancy floor 73%

Sensitivity live

Price	-10% $476	-5% $429	+0% $382	+5% $336	+10% $289
Rent	-10% $246	-5% $314	+0% $382	+5% $451	+10% $519
Rate	-1.0pp $466	-0.5pp $424	base $382	+0.5pp $340	+1.0pp $296

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-05-18
   status Pending 937-char remark
2. 2026-05-07
   listed $165,000 Active 937-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NV · Resets to sale price

• Current annual tax: $623 · $52/mo
• Projected year-2 tax: $974 · $81/mo
• Expected delta: +$351/yr (+$29/mo · 56.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,785
• − Mortgage interest: −$9,243
• − Property taxes: −$623
• − Insurance: −$825
• − Repairs & maintenance: −$1,663
• − Management: −$1,663
• − Depreciation: −$4,800
• Taxable income: $1,969
• Est. tax owed @ 24.0%: −$473
• After-tax cash flow: $4,117/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Nye County School District
• NCES district ID: 3200360
• Math proficiency: 20% ▼ -6.00%
• Reading proficiency: 33% ▼ -5.00%
• Median HH income: $41,447
• Composite: 22.43/100
• National rank: #8110
• State rank: #16 of 17 in NV

Livability — Pahrump

• Score: 68/100
• State rank: #30
• US rank: #9226

Category grades

Amenities F Commute D- Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pahrump, NV
• County: Nye County · 47,491 people
• City population: 47,491
• Metro: Pahrump, NV
• Population (ZIP): 26,486
• Household income: $61,367
• Rent vs Own: 24.7% rent · 75.3% own
• Severe rent burden: 939.0

Population outlook (Nye County) Hauer SSP2

• Today (2025): 40,727 people
• By 2030: 38,812 · -4.7%
• By 2040: 33,952 · -16.6%
• By 2050: 29,393 · -27.8%
• By 2075: 21,122 · -48.1%
• By 2100: 14,400 · -64.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 13% Two or more races 12% Black 3% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Lithuanian 3% Slovak 3% Serbian 2%
• Foreign-born: 8% · Canada, South Korea
• Languages at home: 89% English-only · Spanish 9% Tagalog/Filipino 1%

Political lean MEDSL · Nye

• 2024 margin: Solid R (+42.2) · D 28.0% · R 70.2% · Other 1.8%
• 2008→2024 swing: -28.8pp toward R · 2008: -13.4pp · 2024: -42.2pp
• All cycles: 2024: R+42.2 2020: R+40.4 2016: R+42.0 2012: R+24.2 2008: R+13.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -21.52%
• Current HPI: 277.4486
• Rent YoY: ▲ 2.73%
• Metro: Pahrump, NV
• State GDP YoY: ▲ 3.08%
• F500 in state: 6

Industry mix (Fortune 500 HQ in NV)

Industry	F500 HQs	Revenue
▸Hotels / Casinos	3	$36B

Price history

-3.7% since first listed

4 events — show timeline

• 2026-06-02 Sold (Public Records) $158,900 Public Records
• 2026-06-02 Sold (MLS) $158,900 GLVAR
• 2026-05-18 Pending — GLVAR
• 2026-05-07 Listed $165,000 GLVAR

Property tax history

+1.8%/yr

Latest (2025): $623 · +3.6% YoY. Source: county tax records.