Under $300K Investment Properties for Sale in Sparks, NV
Listed for sale 1 day ago
$ 282,000
ROI
24.5
Cash Flow/m
376- 3 Bed
- 1 Bath
- 1026 sft
1009 Baywood Dr APT C, Sparks, NV, 89434
Listed for sale 2 days ago
$ 269,000
ROI
23.6Cash Flow/m
287- 2 Bed
- 2 Bath
- 1102 sft
2364 Roundhouse Rd, Sparks, NV, 89431
Listed for sale 6 days ago
$ 300,000
ROI
27.6Cash Flow/m
659- 2 Bed
- 3 Bath
- 1198 sft
3230 Wedekind Rd APT 105, Sparks, NV, 89431
$ 217,500
ROI
23.9Cash Flow/m
251- 1 Bed
- 1 Bath
- 630 sft
1065 Baywood Dr APT B, 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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