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

Listed for sale 6 days ago
$ 250,000
ROI
22.9
Cash Flow/m
218- 2 Bed
- 3 Bath
- 1435 sft
1012 8th St SE, Altoona, IA, 50009

Listed for sale 6 days ago
$ 279,900
ROI
20.9
Cash Flow/m
86- 3 Bed
- 3 Bath
- 1184 sft
1421 Primrose Dr SE, Altoona, IA, 50009

Listed for sale 7 days ago
$ 225,000
ROI
27.3
Cash Flow/m
473- 3 Bed
- 3 Bath
- 1114 sft
1121 10th Ave NW, Altoona, IA, 50009

$ 279,000
ROI
26.9
Cash Flow/m
557- 3 Bed
- 3 Bath
- 1482 sft
1624 3rd Ave SE, Altoona, IA, 50009
Why Invest in Altoona, Iowa?
Discover investment properties under $300k in Altoona, IA, a growing Des Moines suburb with strong rental demand. Average rents support solid cash flow, while cap rates around 7% attract value investors. Proximity to major employers boosts occupancy, with appreciation driven by regional growth. Renter-occupied units exceed 30%, ideal for buy-and-hold strategies. Low entry prices enable portfolio expansion in this stable market.
8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.2%
1Y Appreciation
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