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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
$ 239,500
ROI
25.3
Cash Flow/m
371- 4 Bed
- 2 Bath
- 2293 sft
1102 Rock Island Ave, Cherokee, IA, 51012
$ 199,900
ROI
24.2Cash Flow/m
247- 2 Bed
- 2 Bath
- 1512 sft
1310 Greta St, Cherokee, IA, 51012
$ 138,500
ROI
23.8Cash Flow/m
156- 3 Bed
- 3 Bath
- 2406 sft
119 E Ridgeview Dr, Cherokee, IA, 51012
$ 250,000
ROI
25.2Cash Flow/m
380- 4 Bed
- 2 Bath
- 2016 sft
1019 550th 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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