High Rental Yield Investment Properties for Sale in Reno, NV
Listed for sale 1 day ago
$ 282,500
ROI
23.2
Cash Flow/m
270- 3 Bed
- 2 Bath
- 1305 sft
3790 Shirley Ave, Reno, NV, 89512
Listed for sale 2 days ago
$ 243,900
ROI
24.0Cash Flow/m
286- 3 Bed
- 2 Bath
- 1064 sft
45 Iris Ct, Reno, NV, 89512
Listed for sale 2 days ago
$ 150,000
ROI
27.4Cash Flow/m
317- 3 Bed
- 2 Bath
- 1440 sft
114 Skidoo Ave, Reno, NV, 89506
Listed for sale 2 days ago
$ 408,990
ROI
23.3Cash Flow/m
397- 3 Bed
- 3 Bath
- 1263 sft
Denali Plan, Phoenix, 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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