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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

Listed for sale 3 days ago
$ 294,500
ROI
20.9
Cash Flow/m
92- 3 Bed
- 1 Bath
- 1471 sft
4332 Spruce Creek Dr, Cedar Falls, IA, 50613

Motivated Seller
Listed for sale 4 days ago
$ 199,000
ROI
20.0
Cash Flow/m
12- 3 Bed
- 3 Bath
- 1824 sft
2122 Bicentennial Dr, Cedar Falls, IA, 50613

Listed for sale 6 days ago
$ 145,000
ROI
20.4
Cash Flow/m
26- 2 Bed
- 1 Bath
- 915 sft
4710 Chadwick Rd Unit 5, Cedar Falls, IA, 50613

$ 284,900
ROI
24.7
Cash Flow/m
392- 2 Bed
- 2 Bath
- 1330 sft
4025 Cedar Heights Dr #4, 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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