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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Ankeny, IA

$ 145,000
ROI
20.8
Cash Flow/m
40- 2 Bed
- 1 Bath
- 950 sft
405 SE Delaware Ave Unit 205, Ankeny, IA, 50021

$ 218,900
ROI
24.5
Cash Flow/m
287- 2 Bed
- 3 Bath
- 1340 sft
1905 NW Ashton Ln Unit 2, Ankeny, IA, 50023

$ 198,500
ROI
23.4
Cash Flow/m
203- 2 Bed
- 2 Bath
- 1168 sft
2702 NE Oak Dr Unit 2, Ankeny, IA, 50021

$ 237,500
ROI
28.7
Cash Flow/m
591- 3 Bed
- 3 Bath
- 1562 sft
1352 NE 59th Ln, Ankeny, IA, 50021
Why Invest in Ankeny, Iowa?
Ankeny, IA condo investments offer strong potential for steady cash flow in this fast-growing Des Moines suburb. With excellent schools and proximity to major employers, demand remains high among young families and professionals. Rental yields average 7-9% while cap rates hover around 6%, supported by low vacancy rates under 5%. Annual appreciation of 3-5% and rising median rents make condos a smart entry point for investors. Population growth and new construction ensure long-term stability.
8.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4%
1Y Appreciation
Find Your Perfect Investment Property in Ankeny, Iowa
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