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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Ankeny, IA
$ 324,990
ROI
20.2
Cash Flow/m
41- 3 Bed
- 2 Bath
- 1498 sft
Hamilton Plan, Canyon Landing, Ankeny, IA, 50021
$ 264,990
ROI
26.8Cash Flow/m
518- 3 Bed
- 3 Bath
- 1511 sft
Sydney Twin Plan, Canyon Landing Twinhomes, Ankeny, IA, 50021
$ 259,990
ROI
24.3Cash Flow/m
330- 3 Bed
- 2 Bath
- 1410 sft
Olsen Twin Plan, Canyon Landing Twinhomes, Ankeny, IA, 50021
$ 309,990
ROI
24.1Cash Flow/m
375- 3 Bed
- 2 Bath
- 1272 sft
Aldridge Plan, Canyon Landing, Ankeny, IA, 50021
Why Invest in Ankeny, Iowa?
Ankeny, IA offers strong opportunities in **multi-family** investments due to rapid suburban growth near Des Moines. Steady population increases from young families drive consistent rental demand. Average rents support solid cash flows with low vacancy risks. Cap rates around 6-7% provide reliable returns amid 2-9% annual appreciation. Proximity to jobs and top schools enhances long-term tenant stability.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Ankeny combines suburban growth with Des Moines job access, yielding strong rental demand from families. Low vacancies and 4-5% rent growth support cash flows. Appreciation tracks Iowa's positive trends.
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