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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Sparks, NV
$ 249,900
ROI
21.5
Cash Flow/m
119- 2 Bed
- 1 Bath
- 780 sft
602 Pine Meadows Dr APT 1, Sparks, NV, 89431
$ 112,000
ROI
27.1Cash Flow/m
229- 2 Bed
- 2 Bath
- 1152 sft
675 Parlanti Ln Space 15, Sparks, NV, 89434
$ 112,500
ROI
27.4Cash Flow/m
240- 2 Bed
- 2 Bath
- 1152 sft
675 Parlanti Ln Space 141, Sparks, NV, 89434
Currently Rented
Rental Income
$ 225,000
ROI
29.2Cash Flow/m
591- 2 Bed
- 1 Bath
- 936 sft
1029 Brooktree Dr APT 4, Sparks, NV, 89434
Why Invest in Sparks, Nevada?
Sparks, NV offers strong investment potential in homes under $300k, particularly manufactured homes and condos starting around $95k. Proximity to Reno drives demand with **rental yields** around 7-9% and **cap rates** of 6-8%. **Appreciation** has averaged 4-5% annually amid regional growth. **Renter occupancy** exceeds 45%, supported by industrial jobs and affordable entry points. Low vacancy and steady cash flows make these properties appealing for passive income.
8.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.8%
1Y Appreciation
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