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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
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
$ 449,000
ROI
21.1Cash Flow/m
168- 2 Bed
- 2 Bath
- 1651 sft
9900 Wilbur May Pkwy APT 4404, RENO, NV, 89521
Listed for sale today
$ 388,000
ROI
24.3Cash Flow/m
489- 3 Bed
- 1 Bath
- 980 sft
18165 Us Highway 395 N, Reno, NV, 89508
Listed for sale today
$ 430,000
ROI
22.0Cash Flow/m
272- 3 Bed
- 2 Bath
- 1239 sft
7775 Tulear St, Reno, NV, 89506
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
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