Single Family Investment Properties for Sale in Altoona, IA

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.