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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Reno, NV
Fix & Flip
Listed for sale today
$ 285,000
ROI
29.3
Cash Flow/m
758- 3 Bed
- 2 Bath
- 1056 sft
2045 Trainer Way, Reno, NV, 89512
Listed for sale today
$ 195,000
ROI
20.9Cash Flow/m
63- 1 Bed
- 1 Bath
- 734 sft
2700 Plumas St APT 306, Reno, NV, 89509
Listed for sale today
$ 220,000
ROI
22.2Cash Flow/m
148- 2 Bed
- 1 Bath
- 963 sft
3942 Clear Acre Ln APT 241, Reno, NV, 89512
Listed for sale 1 day ago
$ 175,000
ROI
21.7Cash Flow/m
96- 1 Bed
- 1 Bath
- 696 sft
3870 E Leonesio Dr APT B1, Reno, NV, 89512
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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