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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 4 days ago
$ 275,000
ROI
22.9
Cash Flow/m
241- 3 Bed
- 2 Bath
- 1088 sft
1412 3rd Ave SE, Altoona, IA, 50009

Listed for sale 4 days ago
$ 289,000
ROI
20.1
Cash Flow/m
27- 3 Bed
- 3 Bath
- 1184 sft
1421 Primrose Dr SE, Altoona, IA, 50009

Listed for sale 6 days ago
$ 255,000
ROI
20.6
Cash Flow/m
57- 4 Bed
- 2 Bath
- 901 sft
601 12th Ave NW, Altoona, IA, 50009

$ 199,900
ROI
21.0
Cash Flow/m
72- 3 Bed
- 3 Bath
- 1148 sft
2815 Orinoco Ct SW, 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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