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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Correctionville, IA

Listed for sale 1 day ago
$ 185,000
ROI
26.4
Cash Flow/m
344- 4 Bed
- 1 Bath
- 1688 sft
718 Hackberry St, Correctionville, IA, 51016

$ 195,000
ROI
24.1
Cash Flow/m
236- 3 Bed
- 2 Bath
- 1376 sft
218 Haven Ave, CORRECTIONVILLE, IA, 51016

$ 147,500
ROI
24.4
Cash Flow/m
190- 3 Bed
- 2 Bath
- 2066 sft
425 6th St, Correctionville, IA, 51016

Fix & Flip
$ 125,000
ROI
24.9
Cash Flow/m
178- 2 Bed
- 1 Bath
- 884 sft
615 13th St, Correctionville, IA, 51016
Why Invest in Correctionville, Iowa?
Investing in Correctionville, IA offers an attractive opportunity for properties under $200k, especially for first-time buyers and investors seeking affordable options. The area's low property prices combined with a healthy rental market provide a solid foundation for positive cash flow and potential appreciation. With an appreciation rate of 3% over recent years, investors can expect stable returns in this growing community.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Correctionville is approximately $950, which makes it an affordable option for many renters in the area.
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