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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
$ 499,000
ROI
26.9
Cash Flow/m
994- 3 Bed
- 4 Bath
- 2292 sft
20990 David Dr, Reno, NV, 89521
Listed for sale 3 days ago
$ 399,000
ROI
22.4Cash Flow/m
297- 3 Bed
- 3 Bath
- 1540 sft
7598 Cumberland Cir, Reno, NV, 89511
Listed for sale 3 days ago
$ 524,999
ROI
23.8Cash Flow/m
544- 4 Bed
- 3 Bath
- 1815 sft
1620 Stewart St, Reno, NV, 89502
Listed for sale 3 days ago
$ 365,000
ROI
29.6Cash Flow/m
1001- 3 Bed
- 3 Bath
- 1395 sft
870 E Huffaker Ln, Reno, NV, 89511
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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