Condo Investment Properties for Sale in Ames, IA
73- 3 Bed
- 2 Bath
- 1055 sft
225- 3 Bed
- 2 Bath
- 630 sft
148- 1 Bed
- 1 Bath
- 644 sft
207- 3 Bed
- 2 Bath
- 1422 sft
Why Invest in Ames, Iowa?
Ames, IA offers strong potential for condo investors seeking stable rental income near Iowa State University. The local market shows steady home value appreciation around 3% annually, supporting solid returns. Renter-occupied housing exceeds 40%, driven by a robust student and professional workforce. Average rents hold firm while cap rates near 6% attract cash flow-focused buyers. Low vacancy and quick sales—often under 40 days—enhance condo investment reliability.
Frequently Asked Questions
Ames condos benefit from high renter demand near Iowa State University. Steady appreciation around 3% and cap rates near 6% provide reliable cash flow. Low vacancy rates ensure consistent occupancy for investors.
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