Investment Properties for Sale in Algona, IA
$ 197,500
ROI
25.2
Cash Flow/m
299- 3 Bed
- 2 Bath
- 1124 sft
507 E Fair St, Algona, IA, 50511
$ 155,000
ROI
25.0Cash Flow/m
224- 4 Bed
- 2 Bath
- 1650 sft
221 N Hall St, Algona, IA, 50511
$ 104,900
ROI
20.1Cash Flow/m
9- 3 Bed
- 2 Bath
- 1863 sft
412 N Phillips St, Algona, IA, 50511
$ 149,900
ROI
20.7Cash Flow/m
38- 2 Bed
- 2 Bath
- 1204 sft
408 S Hall St APT 3, Algona, IA, 50511
Why Invest in Algona, Iowa?
Investing in Algona, IA, presents unique opportunities, especially for those looking for markets with potential for growth. The current market offers a stable environment with favorable rental yields, making it a desirable choice for real estate investors.
8%
Avg. ROI
5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental prices in Algona average around $1,000, showing steady growth in recent years. This makes it an attractive option for investors.
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