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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 3 days ago
$ 198,000
ROI
23.5
Cash Flow/m
207- 1 Bed
- 1 Bath
- 677 sft
2955 Lakeside Dr Unit 220, Reno, NV, 89509
Listed for sale 5 days ago
$ 220,000
ROI
21.2Cash Flow/m
87- 1 Bed
- 1 Bath
- 909 sft
2955 Lakeside Dr Unit 319, Reno, NV, 89509
Listed for sale 6 days ago
$ 270,000
ROI
22.9Cash Flow/m
234- 2 Bed
- 1 Bath
- 798 sft
5030 Catalina Dr APT 4, Reno, NV, 89502
Listed for sale 7 days ago
$ 158,000
ROI
21.0Cash Flow/m
53- - Bed
- 1 Bath
- 287 sft
450 N Arlington Ave Unit 201, Reno, NV, 89503
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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