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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Altoona, IA
Listed for sale 1 day ago
$ 215,000
ROI
28.9
Cash Flow/m
548- 2 Bed
- 3 Bath
- 1148 sft
2837 Orinoco Ct SW, Altoona, IA, 50009
Listed for sale 1 day ago
$ 265,000
ROI
28.9Cash Flow/m
673- 3 Bed
- 1 Bath
- 960 sft
206 12th Ave NW, Altoona, IA, 50009
Listed for sale 1 day ago
$ 354,990
ROI
25.1Cash Flow/m
525- 4 Bed
- 3 Bath
- 1498 sft
3909 2nd Ave SW, Altoona, IA, 50009
Listed for sale 3 days ago
$ 399,900
ROI
20.5Cash Flow/m
77- 4 Bed
- 4 Bath
- 1574 sft
1726 22nd Ave SE, 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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