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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Reno, NV
Listed for sale today
$ 235,000
ROI
20.0
Cash Flow/m
14- 1 Bed
- 2 Bath
- 750 sft
4997 Reggie Rd, Reno, NV, 89502
$ 485,600
ROI
21.8Cash Flow/m
270- 2 Bed
- 2 Bath
- 1554 sft
9900 Wilbur May Pkwy APT 5303, RENO, NV, 89521
Listed for sale today
$ 429,900
ROI
21.8Cash Flow/m
247- 3 Bed
- 2 Bath
- 1297 sft
17725 Live Oak Ct, Reno, NV, 89508
$ 449,000
ROI
21.1Cash Flow/m
168- 2 Bed
- 2 Bath
- 1651 sft
9900 Wilbur May Pkwy APT 4404, RENO, NV, 89521
Why Invest in Reno, Nevada?
Reno, NV offers strong investment opportunities in homes under $500k, particularly for cash-flow focused investors. The city's proximity to Lake Tahoe and growing tech sector drive consistent rental demand. With cap rates around 6-7% and annual appreciation of 4-5%, these properties deliver solid returns. Renter-occupied housing exceeds 45%, supported by a diversifying economy. Low entry prices make scaling portfolios accessible for new investors.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
4.8%
1Y Appreciation
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