Single Family 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
21.0
Cash 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
21.1
Cash 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
27.1
Cash Flow/m
508- 3 Bed
- 3 Bath
- 1234 sft
920 9th Ave NW, Altoona, IA, 50009
Why Invest in Altoona, Iowa?
Altoona, IA offers strong potential for single-family home investments with stable rental demand from local families. Average rents around $1,800 provide solid cash flow, complemented by 6% cap rates and 3% annual appreciation. Proximity to Des Moines supports employment-driven occupancy at 92% renter rates. Low vacancy and growing job market make it ideal for long-term holds. Focus on single-family properties yields reliable 7% rental yields.
8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$1250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.2%
1Y Appreciation
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