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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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
24.2
Cash Flow/m
247- 2 Bed
- 2 Bath
- 1512 sft
1310 Greta St, Cherokee, IA, 51012

$ 138,500
ROI
23.8
Cash Flow/m
156- 3 Bed
- 3 Bath
- 2406 sft
119 E Ridgeview Dr, Cherokee, IA, 51012

$ 250,000
ROI
25.2
Cash Flow/m
380- 4 Bed
- 2 Bath
- 2016 sft
1019 550th St, Cherokee, IA, 51012
Why Invest in Cherokee, Iowa?
Cherokee, Iowa, is an appealing location for real estate investment, especially for properties under $300k. The low cost of living and strong community support make it a great choice for new and seasoned investors alike. With an average rental yield of 7% and an appreciation rate of 4%, Cherokee offers favorable conditions for sustained growth in property values.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
As of the latest figures, the average home price in Cherokee is around $150,000, making it an affordable option for many investors and first-time buyers.
Find Your Perfect Investment Property in Cherokee, Iowa
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