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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ames, IA
$ 192,000
ROI
24.0
Cash Flow/m
224- 3 Bed
- 1 Bath
- 1122 sft
1104 Wilson Ave, Ames, IA, 50010
$ 155,000
ROI
25.0Cash Flow/m
225- 3 Bed
- 2 Bath
- 630 sft
633 Meadow Pl, Ames, IA, 50010
$ 100,000
ROI
25.1Cash Flow/m
148- 1 Bed
- 1 Bath
- 644 sft
2200 Hamilton Dr UNIT 209, Ames, IA, 50014
$ 199,500
ROI
25.3Cash Flow/m
308- 3 Bed
- 2 Bath
- 1218 sft
1457 Breckinridge Ct, Ames, IA, 50010
Why Invest in Ames, Iowa?
Ames, IA offers strong investment opportunities in homes under $200k, particularly appealing for student rentals near Iowa State University. Stable rental demand from the university drives consistent cash flow. With a **cap rate** around 7-8% and **rental yields** of 8-10%, these properties provide solid returns. Low entry prices combined with steady appreciation make them ideal for long-term investors. Renter occupancy exceeds 50%, supported by the local job market.
9.5%
Avg. ROI
9.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, Ames has multiple homes under $200k, including 2-3 bedroom houses and condos suitable for rentals. These properties often appeal to Iowa State students. Demand keeps occupancy high.
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