Under $200K Investment Properties for Sale in Ankeny, IA
$ 160,000
ROI
22.5
Cash Flow/m
124- 2 Bed
- 2 Bath
- 950 sft
405 SE Delaware Ave Unit 303, Ankeny, IA, 50021
$ 170,000
ROI
26.1Cash Flow/m
301- 2 Bed
- 2 Bath
- 1056 sft
1202 SE Village View Ln, Ankeny, IA, 50021
$ 170,900
ROI
26.6Cash Flow/m
326- 2 Bed
- 2 Bath
- 1056 sft
3006 SW Arlan Ln, Ankeny, IA, 50023
$ 182,900
ROI
24.2Cash Flow/m
224- 2 Bed
- 2 Bath
- 1288 sft
1319 SE Delaware Ave APT 7, Ankeny, IA, 50021
Why Invest in Ankeny, Iowa?
Discover investment opportunities in Ankeny, IA under $200k, where affordable entry points meet steady rental demand. The Des Moines suburb offers **rental yields** around 7-8% and **cap rates** of 6-7% for budget properties. Proximity to major employers drives consistent cash flow, with **average rents** holding strong. **Appreciation** averages 4% annually amid population growth. Low vacancy supports reliable returns for hands-off investors.
9.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, condos and townhomes under $200k exist, ideal for rental conversions. These properties often yield positive cash flow due to strong local demand. Focus on northeast neighborhoods for best value.
Find Your Perfect Investment Property in Ankeny, Iowa
Explore investment opportunities by strategy, performance, or property type
