High Rental Yield Investment Properties for Sale in Altoona, IA
682- 3 Bed
- 2 Bath
- 1635 sft
395- 4 Bed
- 3 Bath
- 2053 sft
330- 4 Bed
- 3 Bath
- 2053 sft
401- 4 Bed
- 3 Bath
- 2190 sft
Why Invest in Altoona, Iowa?
Altoona, Iowa presents compelling opportunities for high-rental-yield investors seeking affordable entry points in the Midwest. With average rents between $1,061–$1,395 and median home prices around $325K, the rental yield potential significantly outpaces many competitive markets. The city's 32% renter-occupied housing base provides stable tenant demand, while property appreciation and cash flow dynamics create multiple pathways to strong returns. Investors benefit from below-national-average acquisition costs paired with steady rental income, making Altoona an attractive market for cash-flow-focused strategies.
Frequently Asked Questions
The average rental yield in Altoona is approximately 5.2%, with average rents of $1,282 and median home prices around $325,000. This yield is competitive for Midwest markets and reflects strong cash-flow potential for buy-and-hold investors.
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