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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Reno, NV
Listed for sale 1 day ago
$ 305,000
ROI
20.2
Cash Flow/m
39- 2 Bed
- 2 Bath
- 1220 sft
227 Smithridge Park, Reno, NV, 89502
Currently Rented
Listed for sale 1 day ago
$ 330,000
ROI
29.0Cash Flow/m
853- 3 Bed
- 2 Bath
- 1352 sft
5118 Coggins Rd, Reno, NV, 89506
Listed for sale 2 days ago
$ 459,990
ROI
21.9Cash Flow/m
270- 3 Bed
- 3 Bath
- 1347 sft
5850 Altitude St, Reno, NV, 89523
Listed for sale 2 days ago
$ 464,000
ROI
23.7Cash Flow/m
507- 3 Bed
- 3 Bath
- 1618 sft
8830 Gazing Star Dr, Reno, NV, 89506
Why Invest in Reno, Nevada?
Reno, NV stands out for high rental yield investments, offering strong returns amid steady demand. Average rents hover around $1,463 monthly with 0.9-3.6% year-over-year growth[1][4]. Cap rates average 6.08% for multifamily, supporting solid cash flow[6]. Renter occupancy remains high at low vacancy rates of 2.66-4%[6]. Appreciation trends at 4% annually enhance long-term value[4]. No state income tax boosts net yields for investors.
8.5%
Avg. ROI
7.2%
Rental Yield
6.08%
Cap Rate
$1250/mo
Avg. Cash Flow
$1463/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
High rental yields in Reno average around 7-8% gross, driven by low vacancies and steady rent growth of 2-3% annually. Cap rates for multifamily sit at 6.08%. This makes it attractive for cash flow-focused investors.
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