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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
Listed for sale 1 day ago
$ 250,000
ROI
20.5
Cash Flow/m
53- 1 Bed
- 1 Bath
- 480 sft
157 Walner St, Reno, NV, 89506
Listed for sale 2 days ago
$ 204,000
ROI
21.8Cash Flow/m
114- 2 Bed
- 1 Bath
- 860 sft
4600 Neil Rd APT 33, Reno, NV, 89502
Listed for sale 3 days ago
$ 285,000
ROI
20.5Cash Flow/m
59- 3 Bed
- 2 Bath
- 1220 sft
299 Smithridge Park, Reno, NV, 89502
Listed for sale 3 days ago
$ 225,000
ROI
21.6Cash Flow/m
115- 2 Bed
- 1 Bath
- 860 sft
1551 Delucchi Ln Unit F, 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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