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

Listed for sale 1 day ago
$ 175,000
ROI
25.1
Cash Flow/m
262- 2 Bed
- 2 Bath
- 1140 sft
301 SE Delaware Ave Unit 302, Ankeny, IA, 50021

Listed for sale 5 days ago
$ 205,000
ROI
22.8
Cash Flow/m
174- 2 Bed
- 12 Bath
- 1126 sft
2406 NE Oak Dr Unit 3, Ankeny, IA, 50021

Listed for sale 6 days ago
$ 199,900
ROI
27.5
Cash Flow/m
432- 2 Bed
- 2 Bath
- 1168 sft
2702 NE Oak Dr Unit 8, Ankeny, IA, 50021

$ 161,500
ROI
21.2
Cash Flow/m
64- 3 Bed
- 2 Bath
- 1214 sft
1210 NE 6th Ln Unit 10, 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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