Would you invest here? Reno, NV

[Trevor Richardson]

Single Family Homes Cap Rates in South Reno Submarket

Based on analysis of all 74 active single family home listings in the South Reno submarket, we have found that cap rates are settling around 4% to 4.5%. This is due to a combination of factors, including:

Stable rental market: The South Reno rental market is very stable, with low vacancy rates and strong demand from renters. This makes rental properties in the area a good investment.

Limited supply: There is a limited supply of single family homes available for rent in the South Reno submarket. This is driving up rental prices and cap rates.

Rising interest rates: Interest rates are rising, which is making it more expensive to borrow money to buy investment properties. This is also contributing to lower cap rates.

If you are an investor considering purchasing a single family home in the South Reno submarket, it is important to keep in mind that cap rates are settling around 4% to 4.5%. This means that you should expect to earn a return of 4% to 4.5% on your investment, after accounting for expenses.