Under $200K Investment Properties for Sale in Reno, NV
Listed for sale 2 days ago
$ 150,000
ROI
27.4
Cash Flow/m
317- 3 Bed
- 2 Bath
- 1440 sft
114 Skidoo Ave, Reno, NV, 89506
Listed for sale 5 days ago
$ 200,000
ROI
23.5Cash Flow/m
206- 3 Bed
- 1 Bath
- 992 sft
1920 Castle Way, Reno, NV, 89512
$ 179,999
ROI
21.9Cash Flow/m
107- 1 Bed
- 1 Bath
- 644 sft
4606 Neil Rd APT 202, Reno, NV, 89502
$ 200,000
ROI
26.6Cash Flow/m
380- 2 Bed
- 1 Bath
- 833 sft
1000 Beck St Unit 375, Reno, NV, 89509
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.
Find Your Perfect Investment Property in Reno, Nevada
Explore investment opportunities by strategy, performance, or property type
