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

Condo Investment Properties for Sale in Ankeny, IA

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

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