Carson City, NV — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.2%

Below average

Monthly Cash Flow

-$1,680

After all expenses

Price-to-Rent

21.3

Overpriced for rent

DSCR

0.34

Fails

📊 Key Metrics

Median Home Price
$533,413
Average Rent (3BR)
$2,030/mo
Price-to-Rent Ratio
21.3(high)
1% Rule
0.39%(fails — need 1%+)
Cash-on-Cash Return
-18.4%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
5.3%(+1% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+0.7% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.53%

of assessed value (NV avg)

Median Income

$65,686

household (NV avg)

Rent-to-Income

37.1%

Stretched

Section 8 Max Rent

$2,030/mo

3BR voucher payment

🏛️ NV Investor Climate

Landlord Friendly

6/10

State Income Tax

✅ None

Property Tax

0.53% effective

Population Trend

+0.7% (3yr)

🏘️ Best Zip Codes in Carson City for Investors

89705
Cap Rate: 3.0%Cash Flow: -$1,528/mo$533,413
89706
Cap Rate: 2.8%Cash Flow: -$1,349/mo$450,803
89701
Cap Rate: 2.1%Cash Flow: -$1,680/mo$475,637

All Zip Codes in Carson City

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
897053.0%-$1,528$533,413$2,520/mo0.46
897062.8%-$1,349$450,803$2,060/mo0.44
897012.1%-$1,680$475,637$1,860/mo0.34
897031.5%-$2,540$623,868$2,030/mo0.24
897031.5%-$2,540$623,868$2,030/mo0.24