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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Altoona, IA
$ 146,000
ROI
24.1
Cash Flow/m
177- 2 Bed
- 2 Bath
- 1014 sft
907 7th Ave SE Unit 16, Altoona, IA, 50009
$ 185,000
ROI
23.1Cash Flow/m
172- 2 Bed
- 2 Bath
- 1122 sft
528 Kelsey Ln, Altoona, IA, 50009
$ 165,000
ROI
21.0Cash Flow/m
58- 2 Bed
- 2 Bath
- 1056 sft
1046 10th Ave NW, Altoona, IA, 50009
$ 240,000
ROI
27.7Cash Flow/m
533- 3 Bed
- 3 Bath
- 1267 sft
953 Robin Cir, Altoona, IA, 50009
Why Invest in Altoona, Iowa?
Altoona, IA offers strong potential for **condo** investors seeking stable rental income in a growing Des Moines suburb. Proximity to major employers drives consistent demand from renters. With a **rental yield** around 6.2% and **cap rate** of 7.1%, condos here deliver reliable cash flow. Annual **appreciation** of 2.5% supports long-term value growth. Low vacancy supports steady occupancy for hands-off investing.
9.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.5%
1Y Appreciation
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