Sparks, NV Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Sparks, NV. Based on 30+ datapoints.
Sparks, NV Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
3.4%
Avg Cash on Cash
-13.5%
Median Cashflow
-$1,314/mo
Avg Rent Estimate
$2,645/mo
Avg Price
$590,681
Price Range
$359,200 - $953,400
Rent to Price
0.45%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Sparks, NV
Sparks, NV is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.4%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 30+ analyzed properties, the median monthly cashflow in Sparks, NV is -$1,314 with average rents of $2,645/month. Properties range from $359,200 to $953,400, offering entry points across multiple investment budgets.
11562 Hacienda Ridge Way, Sparks, NV 89441
Price
$976,900
Rent
$3,493
CachFlow
-$3,209
CoC
-18.77
Sparks, NV Rental Market Insights
- •Median cashflow is -$1,314/month — careful deal selection is essential here
- •3.4% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Sparks, NV requires selective property picks
- •Premium market with properties from $359,200 to $953,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs