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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
Fix & Flip
Listed for sale 7 days ago
$ 189,000
ROI
21.9
Cash Flow/m
112- 1 Bed
- 1 Bath
- 656 sft
2750 Plumas St APT 225, Reno, NV, 89509
Listed for sale 7 days ago
$ 179,900
ROI
26.7Cash Flow/m
348- 2 Bed
- 2 Bath
- 1344 sft
2 Gamay Ln, Reno, NV, 89512
$ 169,900
ROI
26.3Cash Flow/m
311- 3 Bed
- 2 Bath
- 1536 sft
179 Brannan Way, Reno, NV, 89511
$ 174,000
ROI
25.7Cash Flow/m
286- 1 Bed
- 1 Bath
- 696 sft
3865 E Leonesio Dr APT B2, Reno, NV, 89512
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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