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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Reno, NV
Listed for sale 3 days ago
$ 198,000
ROI
23.5
Cash Flow/m
207- 1 Bed
- 1 Bath
- 677 sft
2955 Lakeside Dr Unit 220, Reno, NV, 89509
Listed for sale 7 days ago
$ 158,000
ROI
21.0Cash Flow/m
53- - Bed
- 1 Bath
- 287 sft
450 N Arlington Ave Unit 201, Reno, NV, 89503
Motivated Seller
$ 113,925
ROI
20.4Cash Flow/m
21- 2 Bed
- 1 Bath
- 832 sft
1412 E 9th St 5-unit 5, Reno, NV, 89512
$ 129,000
ROI
26.0Cash Flow/m
225- 2 Bed
- 2 Bath
- 1248 sft
4465 Boca Way Space 185, Reno, NV, 89502
Why Invest in Reno, Nevada?
Reno, NV offers compelling investment opportunities in properties under $200k, primarily affordable condos and manufactured homes. These assets deliver solid **rental yields** around 8-10% with **cap rates** of 7-9% due to strong renter demand. The city's **appreciation rate** of 5% annually supports long-term growth. **Average cash flow** remains positive at $300-500/month after expenses. Proximity to employment hubs and tourism enhances occupancy stability.
9.5%
Avg. ROI
9.2%
Rental Yield
8.1%
Cap Rate
$425/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Yes, primarily condos and manufactured homes in complexes like Clear Acre and Boca Way average $120k-$180k. These offer strong cash flow potential. Availability fluctuates; check current listings.
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