Reno, NV Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Reno, NV. Based on 50+ datapoints.
Reno, NV Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
3.3%
Avg Cash on Cash
-15.1%
Median Cashflow
-$1,602/mo
Avg Rent Estimate
$2,965/mo
Avg Price
$724,523
Price Range
$401,500 - $1,513,500
Rent to Price
0.41%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Reno, NV
Reno, NV is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.3%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 50+ analyzed properties, the median monthly cashflow in Reno, NV is -$1,602 with average rents of $2,965/month. Properties range from $401,500 to $1,513,500, offering entry points across multiple investment budgets.
9055 Boomtown Garson Rd, Reno, NV 89439
Price
$1,513,500
Rent
$3,827
CachFlow
-$6,490
CoC
-24.5
Reno, NV Rental Market Insights
- •Median cashflow is -$1,602/month — careful deal selection is essential here
- •3.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Reno, NV requires selective property picks
- •Premium market with properties from $401,500 to $1,513,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs