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

$ 159,000
ROI
25.7
Cash Flow/m
264- 2 Bed
- 2 Bath
- 1014 sft
1110 NE 6th Ln Unit G-1, Ankeny, IA, 50021

$ 142,900
ROI
23.2
Cash Flow/m
136- 2 Bed
- 1 Bath
- 1130 sft
401 SE Delaware Ave Unit 306, Ankeny, IA, 50021

$ 155,000
ROI
22.7
Cash Flow/m
125- 2 Bed
- 2 Bath
- 1014 sft
1207 NE 5th Ln Unit 1, Ankeny, IA, 50021

$ 175,000
ROI
21.8
Cash Flow/m
100- 2 Bed
- 2 Bath
- 950 sft
301 SE Delaware Ave Unit 303, 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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