Under $300K Investment Properties for Sale in Clear Lake, IA

Property at 1010 Village Rd Unit 7, Clear Lake, IA
Listed for sale 5 days ago
$ 142,500
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign154
  • 2 Bed
  • 2 Bath
  • 1506 sft
1010 Village Rd Unit 7, Clear Lake, IA, 50428
Property at 204 S 12th St, Clear Lake, IA
Airbnb Potential
$ 150,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign71
  • 2 Bed
  • 1 Bath
  • 1060 sft
204 S 12th St, Clear Lake, IA, 50428
Property at 227 Asbury Dr, Clear Lake, IA
$ 133,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign139
  • 2 Bed
  • 1 Bath
  • 573 sft
227 Asbury Dr, Clear Lake, IA, 50428
Property at 2700 N Shore Dr, Clear Lake, IA
$ 159,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign122
  • 1 Bed
  • 1 Bath
  • 660 sft
2700 N Shore Dr, Clear Lake, IA, 50428

Why Invest in Clear Lake, Iowa?

Investing in Clear Lake, IA, offers opportunities for buyers looking for homes under $300k. With an average rental yield of 7% and a competitive cap rate of 8%, this market shows promise for real estate investors. The city boasts a strong rental market with a majority of properties renter-occupied, making it a potential hotspot for cash flow.

12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

Rental properties in Clear Lake offer strong cash flow potential due to high rental yields and steady demand. Additionally, the area's growing economy and low vacancy rates make it an attractive market for investors.

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