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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 5 days ago
$ 379,000
ROI
23.3
Cash Flow/m
373- 2 Bed
- 3 Bath
- 1441 sft
2994 Silver River Ln, Sparks, NV, 89431

$ 305,000
ROI
26.5
Cash Flow/m
568- 3 Bed
- 2 Bath
- 1213 sft
2575 Garfield Dr, Sparks, NV, 89431

$ 295,000
ROI
21.9
Cash Flow/m
179- 3 Bed
- 2 Bath
- 1048 sft
2676 Adel Way, Sparks, NV, 89431

$ 215,000
ROI
21.9
Cash Flow/m
130- 1 Bed
- 1 Bath
- 630 sft
1008 Baywood Dr APT C, Sparks, NV, 89434
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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