High Rental Yield Investment Properties for Sale in Elko, NV

Listed for sale 2 days ago
$ 310,000
ROI
23.6
Cash Flow/m
328- 2 Bed
- 1 Bath
- 1436 sft
597 4th St, Elko, NV, 89801

Listed for sale 7 days ago
$ 439,500
ROI
25.6
Cash Flow/m
709- 4 Bed
- 2 Bath
- 2802 sft
360 New Pine St, Elko, NV, 89801

$ 110,000
ROI
26.4
Cash Flow/m
202- 2 Bed
- 1 Bath
- 1050 sft
7185 Washington Ave, Elko, NV, 89801

Fix & Flip
$ 120,000
ROI
26.5
Cash Flow/m
224- 2 Bed
- 1 Bath
- 980 sft
763 Juneau St, Elko, NV, 89801
Why Invest in Elko, Nevada?
Elko, NV offers **high rental yield** opportunities for investors seeking strong cash flow in a stable mining-driven market. Average rents hover around $1,300-$1,500 monthly, supporting cap rates near 8-10%. Renter occupancy exceeds 40%, bolstered by demand from industry workers. Annual appreciation averages 3-5%, with low vacancy risks in this Northern Nevada hub. Focus on single-family homes and multifamily for optimal returns.
9.5%
Avg. ROI
8.7%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Mining industry jobs from Newmont and Barrick create steady renter demand. Affordable purchase prices combined with $1,300+ average rents yield 8-10% returns. Low vacancy under 5% enhances cash flow stability.
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