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For under 400$? Uh good luck finding a good bike for under 400$... Go to Walmart or Target and get a fuckin' cheap mongoose if your price range is that low...
http://www.walmart.com/catalog/product.do?product_id=8399258
Don't get me wrong, this bike is pretty bad, but it's a decent bang for the buck. You could even go cheaper and get a shittier bike. If you want a better investment... you're looking at spending maybe 600+. I'd go to a local bike shop and check out some other options. It all depends if you just plan on doing it casually or if you really want to get into it.

I don't believe for a second there isn't a better quality bike out there for $400 or less.
Give me the names of some good decent bikes that are $600-$1000. I bet I find a deal and can get one for my price range. I just have to know what features to look for. Like actual weight, size, mechanics, etc... Fuck name brands and shit like that.