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 10+ datapoints.
Reno, NV Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.5%
Avg Cash on Cash
-13.7%
Median Cashflow
-$1,396/mo
Avg Rent Estimate
$3,086/mo
Avg Price
$632,862
Price Range
$464,400 - $830,700
Rent to Price
0.49%
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 3.5%, 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 10+ analyzed properties, the median monthly cashflow in Reno, NV is -$1,396 with average rents of $3,086/month. Properties range from $464,400 to $830,700, offering entry points across multiple investment budgets.
Reno, NV Rental Market Insights
- •Median cashflow is -$1,396/month — careful deal selection is essential here
- •3.5% 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 $464,400 to $830,700
- •Consider this market if your strategy favors equity growth with rental income covering holding costs