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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Cherokee, IA

Listed for sale 3 days ago
$ 232,500
ROI
24.2
Cash Flow/m
289- 4 Bed
- 3 Bath
- 1907 sft
1405 Greta St, Cherokee, IA, 51012

Listed for sale 4 days ago
$ 175,750
ROI
31.5
Cash Flow/m
576- 3 Bed
- 2 Bath
- 2032 sft
423 Ash St, Cherokee, IA, 51012

$ 135,000
ROI
23.5
Cash Flow/m
141- 3 Bed
- 2 Bath
- 1464 sft
1403 Susan Ave, Cherokee, IA, 51012

$ 160,000
ROI
21.1
Cash Flow/m
58- 4 Bed
- 3 Bath
- 1707 sft
209 E Maple St, Cherokee, IA, 51012
Why Invest in Cherokee, Iowa?
Investing under $500k in Cherokee, IA offers a unique opportunity. This market is characterized by steady rental yields and affordable home prices. With an average rental yield around 6%, your investment could flourish in a town that is experiencing positive economic trends and growth.
7.5%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price in Cherokee is around $180,000, making it an affordable choice for investors.
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