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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Altoona, IA

Fix & Flip
$ 182,500
ROI
24.0
Cash Flow/m
214- 2 Bed
- 1 Bath
- 925 sft
133 7th Avenue Ct NE, Altoona, IA, 50009

$ 148,000
ROI
28.4
Cash Flow/m
354- 2 Bed
- 2 Bath
- 1087 sft
1427 34th Ave SW #211, Altoona, IA, 50009

$ 189,900
ROI
26.4
Cash Flow/m
352- 2 Bed
- 3 Bath
- 1169 sft
822 Red Hawk Way SE, Altoona, IA, 50009

$ 159,000
ROI
20.9
Cash Flow/m
48- 2 Bed
- 2 Bath
- 1056 sft
1062 10th Ave NW, Altoona, IA, 50009
Why Invest in Altoona, Iowa?
Discover investment opportunities in Altoona, IA under $200k, offering affordable entry into a growing Des Moines suburb. Stable rental yields around 7-8% make these properties attractive for cash flow-focused investors. Proximity to major employers supports consistent tenant demand. Annual appreciation of 4-5% reflects regional housing trends. Low vacancy rates under 5% ensure reliable occupancy.
9.2%
Avg. ROI
7.8%
Rental Yield
8.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.5%
1Y Appreciation
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