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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Corning, IA
Listed for sale 1 day ago
$ 149,000
ROI
25.9
Cash Flow/m
253- 3 Bed
- 2 Bath
- 960 sft
1403 Benton Ave, Corning, IA, 50841
$ 125,000
ROI
32.3Cash Flow/m
436- 4 Bed
- 1 Bath
- 2400 sft
806 11th St, Corning, IA, 50841
Currently Rented
$ 135,000
ROI
24.8Cash Flow/m
190- 3 Bed
- 1 Bath
- 864 sft
604 Terrace Hill Dr, Corning, IA, 50841
$ 125,500
ROI
25.2Cash Flow/m
189- 2 Bed
- 1 Bath
- 1152 sft
605 Terrace Hill Dr, Corning, IA, 50841
Why Invest in Corning, Iowa?
Investing in Corning, Iowa offers solid opportunities, especially in the multifamily market. With an average cash flow of $2,480 and a rental yield of 10%, this area presents a promising landscape for rental investments. The average rent is around $900, combined with a healthy cap rate of 8%, making it attractive for investors.
12%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$2480/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Corning is approximately $900, which is reasonable compared to similar cities in Iowa. With the growing rental market, rates may continue to increase as demand rises.
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