Under $300K Investment Properties for Sale in Altoona, IA

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

Listed for sale 4 days ago
$ 218,000
ROI
27.5
Cash Flow/m
473- 2 Bed
- 3 Bath
- 1385 sft
813 Red Hawk Way SE, Altoona, IA, 50009

Listed for sale 4 days ago
$ 160,000
ROI
20.9
Cash Flow/m
51- 2 Bed
- 2 Bath
- 1056 sft
1038 10th Ave NW, 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
Find Your Perfect Investment Property in Altoona, Iowa
Explore investment opportunities by strategy, performance, or property type
