Professional rent vs buy calculator optimized for residential properties in Reno. Local market data shows 5.1% average cap rates and $525,000 median property values.
This calculator is optimized for residential property investments in Reno. The market data above reflects current conditions in the Reno real estate market, helping you make informed decisions about residential property investments.
The Reno, NV residential real estate market offers unique investment opportunities. With a median home price of $525,000 and average cap rates of 5.1%,residential properties in this market present a stable investment profile.
Current market conditions show properties averaging 30 days on market, with year-over-year appreciation of 5.8%. Average cash-on-cash returns for residential investments in Reno are approximately 8.0%.