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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Cherokee, IA
Listed for sale 2 days ago
$ 232,500
ROI
23.5
Cash Flow/m
244- 4 Bed
- 3 Bath
- 1907 sft
1405 Greta St, Cherokee, IA, 51012
Listed for sale 3 days ago
$ 175,750
ROI
31.5Cash Flow/m
576- 3 Bed
- 2 Bath
- 2032 sft
423 Ash St, Cherokee, IA, 51012
Listed for sale 7 days ago
$ 135,000
ROI
23.5Cash Flow/m
141- 3 Bed
- 2 Bath
- 1464 sft
1403 Susan Ave, Cherokee, IA, 51012
$ 160,000
ROI
21.1Cash Flow/m
58- 4 Bed
- 3 Bath
- 1707 sft
209 E Maple St, Cherokee, IA, 51012
Why Invest in Cherokee, Iowa?
Investing in Cherokee, Iowa offers a unique opportunity due to its affordable property prices and stable rental market. With the average rent around $900 and a cap rate of 8%, it’s an ideal location for investors seeking high cash flow. The local economy enjoys consistent job growth, which supports a strong demand for rental properties.
7%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Cherokee is approximately $900, making it an affordable option for renters in the area.
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