Under $300K Investment Properties for Sale in Reno, NV
Listed for sale 1 day ago
$ 282,500
ROI
23.2
Cash Flow/m
270- 3 Bed
- 2 Bath
- 1305 sft
3790 Shirley Ave, Reno, NV, 89512
Listed for sale 2 days ago
$ 243,900
ROI
24.0Cash Flow/m
286- 3 Bed
- 2 Bath
- 1064 sft
45 Iris Ct, Reno, NV, 89512
Listed for sale 2 days ago
$ 150,000
ROI
27.4Cash Flow/m
317- 3 Bed
- 2 Bath
- 1440 sft
114 Skidoo Ave, Reno, NV, 89506
Listed for sale 4 days ago
$ 249,000
ROI
23.3Cash Flow/m
246- 2 Bed
- 2 Bath
- 936 sft
861 Nutmeg Pl APT 1, Reno, NV, 89502
Why Invest in Reno, Nevada?
Discover investment opportunities in Reno, NV properties under $300k, offering accessible entry into a growing market. Reno's strong rental demand supports solid cash flow with average rents around $1,400 monthly. Annual appreciation of 4-5% reflects regional growth, while cap rates near 6% appeal to value investors. High renter occupancy at 55% ensures steady income potential in this vibrant city.
8.2%
Avg. ROI
6.8%
Rental Yield
6.1%
Cap Rate
$320/mo
Avg. Cash Flow
$1420/mo
Avg. Rent
4.7%
1Y Appreciation
Frequently Asked Questions
Yes, Reno offers numerous condos, townhomes, and mobile homes under $300k with strong rental yields. These properties often feature 2-3 bedrooms and appeal to renters near employment hubs. Focus on areas like Sparks or Midtown for best cash flow.
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