Investment Properties Under $500K in Algona, IA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Algona, IA

Property at 1308 E State St, Algona, IA
Listed for sale 2 days ago
$ 164,500
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign166
  • 3 Bed
  • 2 Bath
  • 1836 sft
1308 E State St, Algona, IA, 50511
Property at 117 S Woodworth St, Algona, IA
$ 249,500
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign51
  • 4 Bed
  • 2 Bath
  • 1248 sft
117 S Woodworth St, Algona, IA, 50511
Property at 1415 E Linden St, Algona, IA
$ 180,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign68
  • 3 Bed
  • 1 Bath
  • 1296 sft
1415 E Linden St, Algona, IA, 50511
Property at 718 S Harlan St, Algona, IA
$ 124,750
ROI
29.0ROI percentage
Cash Flow/m
Dollar sign319
  • 3 Bed
  • 1 Bath
  • 1243 sft
718 S Harlan St, Algona, IA, 50511

Why Invest in Algona, Iowa?

Investing in properties under $500k in Iowa offers great potential for solid returns. With favorable market conditions and reasonable home prices, investors can benefit from better cash flow and steady appreciation. Iowa's strong rental market and low vacancy rates make it a prime target for real estate opportunities.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

Investing in Iowa properties, particularly those under $500k, provides access to affordable real estate with a growing rental market. The state's low property values combined with a strong economy lead to favorable investment returns.

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