Condo Investment Properties in Sparks, NV | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Sparks, NV

Property at 1573 York Way, Sparks, NV
Fix & Flip
Listed for sale 1 day ago
$ 294,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign232
  • 2 Bed
  • 2 Bath
  • 996 sft
1573 York Way, Sparks, NV, 89431
Property at 6280 Ingleston Dr APT 122, Sparks, NV
Listed for sale 6 days ago
$ 360,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign258
  • 3 Bed
  • 2 Bath
  • 1330 sft
6280 Ingleston Dr APT 122, Sparks, NV, 89436
Property at 1045 Adrian Way, Sparks, NV
$ 245,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign496
  • 2 Bed
  • 2 Bath
  • 1111 sft
1045 Adrian Way, Sparks, NV, 89431
Property at 2659 Sycamore Glen Dr APT 5, Sparks, NV
$ 270,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign143
  • 2 Bed
  • 2 Bath
  • 918 sft
2659 Sycamore Glen Dr APT 5, Sparks, NV, 89434

Why Invest in Sparks, Nevada?

Sparks, NV offers strong opportunities for condo investors seeking steady rental income in a growing metro area. With proximity to Reno and robust job growth, condos here deliver reliable cash flow. Average rents hover around $1,600 monthly, supporting cap rates near 5.5%. Renter occupancy exceeds 45%, bolstered by low vacancy and modest appreciation. Tight inventory at 1.8 months supply favors investors in this stable market.

7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1620/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer solid rental yields around 5.8% with high renter occupancy. Low inventory supports value stability. Proximity to jobs enhances demand.

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