Reno, NV — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.6%
Below average
Monthly Cash Flow
-$1,838
After all expenses
Price-to-Rent
19.0
Overpriced for rent
DSCR
0.42
Fails
📊 Key Metrics
- Median Home Price
- $560,016
- Average Rent (3BR)
- $2,305/mo
- Price-to-Rent Ratio
- 19.0(high)
- 1% Rule
- 0.44%(fails — need 1%+)
- Cash-on-Cash Return
- -16.4%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →🏘️ Best Zip Codes in Reno for Investors
All Zip Codes in Reno
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 89508 | 4.1% | -$910 | $481,833 | $2,850/mo | 0.65 |
| 89512 | 3.9% | -$761 | $359,876 | $2,030/mo | 0.60 |
| 89506 | 3.5% | -$1,102 | $455,535 | $2,400/mo | 0.55 |
| 89501 | 3.1% | -$1,146 | $417,043 | $2,030/mo | 0.48 |
| 89502 | 2.9% | -$1,291 | $438,647 | $2,030/mo | 0.45 |
| 89521 | 2.7% | -$2,157 | $705,778 | $3,170/mo | 0.43 |
| 89503 | 2.5% | -$1,520 | $472,601 | $2,030/mo | 0.40 |
| 89523 | 2.1% | -$2,267 | $638,199 | $2,480/mo | 0.33 |
| 89519 | 1.7% | -$3,482 | $890,298 | $3,070/mo | 0.27 |
| 89509 | 1.5% | -$2,792 | $683,143 | $2,210/mo | 0.23 |
| 89704 | 1.1% | -$3,086 | $704,936 | $2,030/mo | 0.18 |
| 89511 | 0.7% | -$5,300 | $1,122,360 | $2,760/mo | 0.11 |