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 1001 Baywood Dr APT C, Sparks, NV
Listed for sale 7 days ago
$ 238,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign222
  • 2 Bed
  • 1 Bath
  • 823 sft
1001 Baywood Dr APT C, Sparks, NV, 89434
Property at 2125 Roundhouse Rd, Sparks, NV
$ 214,900
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign265
  • 2 Bed
  • 1 Bath
  • 961 sft
2125 Roundhouse Rd, Sparks, NV, 89431
Property at 1692 Gault Way, Sparks, NV
$ 315,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign210
  • 3 Bed
  • 2 Bath
  • 1044 sft
1692 Gault Way, Sparks, NV, 89431
Property at 1052 Baywood Dr #80, Sparks, NV
$ 249,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign159
  • 2 Bed
  • 1 Bath
  • 823 sft
1052 Baywood Dr #80, 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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