Investment Properties for Sale in Altoona, IA
Listed for sale 1 day ago
$ 360,000
ROI
27.8
Cash Flow/m
804- 4 Bed
- 3 Bath
- 2432 sft
1120 25th St SE, Altoona, IA, 50009
Listed for sale 2 days ago
$ 350,000
ROI
21.0Cash Flow/m
121- 3 Bed
- 3 Bath
- 1688 sft
2617 10th St SW, Altoona, IA, 50009
Listed for sale 2 days ago
$ 289,000
ROI
21.1Cash Flow/m
109- 4 Bed
- 2 Bath
- 976 sft
618 12th Ave NW, Altoona, IA, 50009
Listed for sale 2 days ago
$ 249,500
ROI
27.1Cash Flow/m
508- 3 Bed
- 3 Bath
- 1234 sft
920 9th Ave NW, Altoona, IA, 50009
Why Invest in Altoona, Iowa?
Altoona, IA offers steady real estate investment opportunities with a stable housing market near Des Moines. Rental demand remains strong due to proximity to major employers and suburban appeal. Average rents support solid cash flow, while cap rates around 6-7% attract investors. Recent data shows median home values holding firm with modest appreciation potential. Low vacancy supports reliable tenant occupancy in this growing community.
7.5%
Avg. ROI
6.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
1.8%
1Y Appreciation
Frequently Asked Questions
Altoona's market remains somewhat competitive with median home prices around $325k-$335k. Homes sell after about 50-60 days on average. Inventory is steady, supporting investor entry points.
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