For Sims 4 you are just about at the limit of prices, your price is more in the table range and basic word documents and web browsing unless you get a used laptop.
For a used model, you may be lucky and find a recent one with a Ryzen 5 CPU in the $300 range also. If not, then a used system with an nVidia MX 130 or an older one with an 940MX or 95 would be in your price range.