Single Family Investment Properties for Sale in Cherokee, IA

Currently Rented
Rental Income
Listed for sale 7 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
24.2
Cash Flow/m
208- 3 Bed
- 3 Bath
- 2075 sft
115 N 8th St, Cherokee, IA, 51012

$ 339,900
ROI
21.1
Cash Flow/m
127- 5 Bed
- 3 Bath
- 2463 sft
5317 O Ave, Cherokee, IA, 51012

$ 199,000
ROI
29.6
Cash Flow/m
547- 4 Bed
- 2 Bath
- 1615 sft
426 W Cedar St, Cherokee, IA, 51012
Why Invest in Cherokee, Iowa?
Investing in single-family homes in Iowa can offer attractive opportunities due to its affordable property prices and growing rental market. With a strong average rental yield and appreciation potential, Cherokee is a city where you can effectively diversify your portfolio.
12%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average rental prices in Cherokee are around $1,200 per month for single-family homes, making it a cost-effective option for renters and investors alike.
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