Townhouse Investment Properties for Sale in Sparks, NV
Listed for sale 6 days ago
$ 300,000
ROI
27.6
Cash Flow/m
659- 2 Bed
- 3 Bath
- 1198 sft
3230 Wedekind Rd APT 105, Sparks, NV, 89431
$ 409,000
ROI
22.7Cash Flow/m
338- 2 Bed
- 2 Bath
- 1480 sft
588 Costa Azul Dr, Sparks, NV, 89436
$ 325,000
ROI
23.9Cash Flow/m
378- 3 Bed
- 2 Bath
- 1040 sft
1792 Gault Way, Sparks, NV, 89431
$ 498,000
ROI
21.0Cash Flow/m
167- 3 Bed
- 3 Bath
- 1953 sft
5658 Hunting Creek Way, Sparks, NV, 89436
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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