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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 3 days ago
$ 315,000
ROI
23.0
Cash Flow/m
280- 2 Bed
- 1 Bath
- 851 sft
11033 Zeolite Dr, Reno, NV, 89506
Listed for sale 3 days ago
$ 405,000
ROI
25.8Cash Flow/m
680- 3 Bed
- 3 Bath
- 1916 sft
9526 Nautical Mile Rd, Reno, NV, 89506
Listed for sale 3 days ago
$ 198,000
ROI
23.5Cash Flow/m
207- 1 Bed
- 1 Bath
- 677 sft
2955 Lakeside Dr Unit 220, Reno, NV, 89509
Listed for sale 4 days ago
$ 525,000
ROI
23.9Cash Flow/m
555- 3 Bed
- 3 Bath
- 2122 sft
21103 Mount Evans Dr, Reno, NV, 89508
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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