REI Lense

REI Lense

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

3.3%

Avg Cash on Cash

-14.1%

Median Cashflow

-$1,320/mo

Avg Rent Estimate

$2,655/mo

Avg Price

$565,035

Price Range

$379,600 - $826,100

Rent to Price

0.47%

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 3.3%, 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 -$1,320 with average rents of $2,655/month. Properties range from $379,600 to $826,100, offering entry points across multiple investment budgets.

2373 Wildcreek Dr, Sparks, NV 89431

Price

$608,800

Rent

$2,948

CachFlow

-$1,437

CoC

-13.49

Full Analysis

3225 Lucerne Way, Sparks, NV 89431

Price

$390,800

Rent

$2,230

CachFlow

-$506

CoC

-7.4

Full Analysis

7595 Pah Rah Dr, Sparks, NV 89436

Price

$381,500

Rent

$2,144

CachFlow

-$666

CoC

-9.98

Full Analysis

1345 Skyfire Ct, Sparks, NV 89441

Price

$821,600

Rent

$3,175

CachFlow

-$2,560

CoC

-17.8

Full Analysis

4659 Tobago Dr, Sparks, NV 89436

Price

$933,100

Rent

$3,337

CachFlow

-$2,891

CoC

-17.7

Full Analysis
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Sparks, NV Rental Market Insights

  • Median cashflow is -$1,320/month — careful deal selection is essential here
  • 3.3% 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 $379,600 to $826,100
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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