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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Cedar Falls, IA
$ 289,900
ROI
26.6
Cash Flow/m
555- 3 Bed
- 3 Bath
- 1500 sft
4324 Spruce Creek Dr, Cedar Falls, IA, 50613
Rental Income
$ 139,900
ROI
21.1Cash Flow/m
53- 2 Bed
- 1 Bath
- 915 sft
4701 Chadwick Rd APT 8, Cedar Falls, IA, 50613
$ 349,900
ROI
20.3Cash Flow/m
55- 3 Bed
- 3 Bath
- 2372 sft
2015 Minnetonka Dr, Cedar Falls, IA, 50613
$ 224,900
ROI
22.0Cash Flow/m
138- 2 Bed
- 3 Bath
- 1652 sft
4902 Algonquin Dr Unit 5, Cedar Falls, IA, 50613
Why Invest in Cedar Falls, Iowa?
Cedar Falls, IA offers strong opportunities for condo investors seeking stable rental income near the University of Northern Iowa. Recent data shows balanced condo market growth with median sales around $230K statewide. Renter occupancy remains high at 35%, supported by steady appreciation of 3-4% annually. Cap rates hover around 6%, with average rents providing solid cash flow potential. Economic stability from education and manufacturing sectors enhances long-term returns.
7.2%
Avg. ROI
6.1%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% due to high student demand from UNI. Stable appreciation and low vacancy make them attractive. Inventory growth provides entry opportunities.
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