Under $200K Investment Properties for Sale in Ames, IA
$ 199,000
ROI
26.8
Cash Flow/m
389- 3 Bed
- 1 Bath
- 816 sft
630 Garden Rd, Ames, IA, 50010
Fix & Flip
$ 105,000
ROI
24.0Cash Flow/m
124- 3 Bed
- 1 Bath
- 1368 sft
213 7th St, Ames, IA, 50010
$ 181,000
ROI
20.6Cash Flow/m
43- 3 Bed
- 2 Bath
- 1218 sft
1458 Truman Pl, Ames, IA, 50010
$ 175,000
ROI
23.3Cash Flow/m
171- 3 Bed
- 2 Bath
- 1116 sft
210 Cooper Ct, Ames, IA, 50014
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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