Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Reno, NV
Listed for sale 1 day ago
$ 305,000
ROI
20.2
Cash Flow/m
39- 2 Bed
- 2 Bath
- 1220 sft
227 Smithridge Park, 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 1 day ago
$ 250,000
ROI
20.5Cash Flow/m
53- 1 Bed
- 1 Bath
- 480 sft
157 Walner St, Reno, NV, 89506
$ 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
Find Your Perfect Investment Property in Reno, Nevada
Explore investment opportunities by strategy, performance, or property type
