High ROI 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 3 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 3 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 3 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?
High ROI properties in Altoona, IA offer strong potential for investors seeking stable returns in a growing Des Moines suburb. Proximity to the metro area supports consistent rental demand from commuters. With median home values around $325K and moderate appreciation, cash flow remains attractive. Cap rates hover in the 6-8% range, bolstered by low vacancy and employment growth. Renter-occupied units exceed 25%, ensuring reliable income streams.
8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
1.8%
1Y Appreciation
Frequently Asked Questions
Altoona's proximity to Des Moines jobs drives rental demand, with yields around 6% and cap rates of 7%. Low vacancy and steady appreciation support cash flow. Investors benefit from affordable entry prices near $325K median.
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