Investment Properties for Sale in Cherokee, IA
Currently Rented
Rental Income
Listed for sale 6 days ago
$ 250,000
ROI
25.1
Cash Flow/m
372- 3 Bed
- 2 Bath
- 1232 sft
888 Aster Dr, Cherokee, IA, 51012
$ 169,500
ROI
24.2Cash Flow/m
208- 3 Bed
- 3 Bath
- 2075 sft
115 N 8th St, Cherokee, IA, 51012
$ 339,900
ROI
21.1Cash Flow/m
127- 5 Bed
- 3 Bath
- 2463 sft
5317 O Ave, Cherokee, IA, 51012
$ 199,000
ROI
29.6Cash Flow/m
547- 4 Bed
- 2 Bath
- 1615 sft
426 W Cedar 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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