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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
$ 252,000
ROI
22.9
Cash Flow/m
222- 3 Bed
- 3 Bath
- 1352 sft
5005 Algonquin Dr APT 3, Cedar Falls, IA, 50613
$ 231,000
ROI
30.2Cash Flow/m
672- 3 Bed
- 3 Bath
- 2005 sft
1315 Amelia Dr APT 3, Cedar Falls, IA, 50613
$ 270,000
ROI
24.5Cash Flow/m
356- 2 Bed
- 2 Bath
- 2248 sft
2012 Terrace Dr, Cedar Falls, IA, 50613
$ 220,000
ROI
21.4Cash Flow/m
103- 3 Bed
- 1 Bath
- 1629 sft
210 Balboa Ave APT B2, 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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