Is Ely, NV a good place to invest in rental property?

Ely, NV has a median modeled monthly cash flow of $-839 and a median cap rate of 3.2%, on a median sold price of $231,500. Prices changed +16.4% year over year.

What is the average cap rate in Ely, NV?

The median cap rate across recently sold homes in Ely, NV is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ely, NV?

The median sold price in Ely, NV is $231,500 (about $170 per square foot).

Investing in Ely, NV Real Estate

A data-driven snapshot of the Ely, NV rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$231,500Median sold price

$170Median $/sqft

3.2%Median cap rate

$-839Modeled cash flow / mo

+16.4%Appreciation YoY

10.0Months of supply

73Active listings

88Sold (last 12 mo)

What the Ely numbers say

In Ely, NV, the median home sold for $231,500 (about $170 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-839 of monthly cash flow. Sold prices moved +16.4% over the past year. Inventory sits at about 10.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Nevada markets to compare

See Ely cash-flowing listings

CashFlowRE ranks every for-sale home in Ely, NV by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Ely deals, or browse the national market data.