Under $500K Investment Properties for Sale in Clear Lake, IA
Listed for sale 4 days ago
$ 314,900
ROI
24.5
Cash Flow/m
416- 4 Bed
- 2 Bath
- 1907 sft
2309 14th Pl N, Clear Lake, IA, 50428
$ 335,000
ROI
21.0Cash Flow/m
116- 3 Bed
- 2 Bath
- 3288 sft
10153 Grouse Ave, Clear lake, IA, 50428
Listed for sale 5 days ago
$ 142,500
ROI
23.6Cash Flow/m
154- 2 Bed
- 2 Bath
- 1506 sft
1010 Village Rd Unit 7, Clear Lake, IA, 50428
$ 457,000
ROI
24.5Cash Flow/m
602- 5 Bed
- 3 Bath
- 3070 sft
902 S 12th St, Clear Lake, IA, 50428
Why Invest in Clear Lake, Iowa?
Investing in properties under $500K in Clear Lake, IA, is promising due to the area's increasing rental demand. The average cash flow potential is strong, driven by a growing population and favorable job market. With an appreciation rate projected at 4% annually, this is an opportune time for savvy investors.
7%
Avg. ROI
5%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Clear Lake is approximately $1,200, making it an attractive location for both renters and investors alike.
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