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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Sparks, NV
Listed for sale 2 days ago
$ 405,000
ROI
20.5
Cash Flow/m
89- 2 Bed
- 3 Bath
- 1452 sft
3006 Sterling Ridge Cir, Sparks, NV, 89431
Listed for sale 7 days ago
$ 330,000
ROI
25.5Cash Flow/m
526- 3 Bed
- 2 Bath
- 1247 sft
2274 Oppio St, Sparks, NV, 89431
$ 399,900
ROI
20.5Cash Flow/m
82- 2 Bed
- 3 Bath
- 1452 sft
3206 Sterling Ridge Cir #139, Sparks, NV, 89431
Currently Rented
Rental Income
$ 349,000
ROI
21.9Cash Flow/m
211- 3 Bed
- 2 Bath
- 1247 sft
1544 Chester Sq, Sparks, NV, 89431
Why Invest in Sparks, Nevada?
Townhouses in Sparks, NV offer strong investment potential with stable appreciation and reliable rental demand. Proximity to Reno drives workforce appeal for these attached homes ideal for growing families. Average rents hold steady around $1,800 monthly, supporting cap rates near 5.5%. Renter occupancy exceeds 45%, bolstered by job growth in logistics and manufacturing. Annual appreciation averages 2%, with cash flows averaging $12,000 for well-located properties.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$12000/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses yield steady cash flow with 5.5% cap rates and 46% renter occupancy. Demand from Reno commuters supports avg rents of $1,800. Low vacancy and job growth ensure reliability.
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