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 15+ datapoints.

Sparks, NV Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

3.3%

Avg Cash on Cash

-13.8%

Median Cashflow

-$1,365/mo

Avg Rent Estimate

$2,552/mo

Avg Price

$575,746

Price Range

$525,000 - $637,600

Rent to Price

0.44%

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 15+ analyzed properties, the median monthly cashflow in Sparks, NV is -$1,365 with average rents of $2,552/month. Properties range from $525,000 to $637,600, offering entry points across multiple investment budgets.

6465 Adobe Springs Dr, Sparks, NV 89436

Price

$650,300

Rent

$2,507

CachFlow

-$1,822

CoC

-16.01

Full Analysis

1076 Gadwall Way, Sparks, NV 89441

Price

$580,000

Rent

$2,490

CachFlow

-$1,421

CoC

-14

Full Analysis

1400 Bufflehead Dr, Sparks, NV 89441

Price

$595,000

Rent

$2,460

CachFlow

-$1,543

CoC

-14.82

Full Analysis

7939 Orange Plains Dr, Sparks, NV 89436

Price

$910,200

Rent

$3,100

CachFlow

-$3,117

CoC

-19.57

Full Analysis

7410 Indian Springs Dr, Sparks, NV 89436

Price

$585,100

Rent

$2,750

CachFlow

-$1,289

CoC

-12.59

Full Analysis
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Sparks, NV Rental Market Insights

  • Median cashflow is -$1,365/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 $525,000 to $637,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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