Condo Investment Properties in Decorah, IA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Decorah, IA

Property at 1024 S Mill St, Decorah, IA
Listed for sale 4 days ago
$ 262,500
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign235
  • 2 Bed
  • 2 Bath
  • 1448 sft
1024 S Mill St, Decorah, IA, 52101
Property at 205 Ohio St APT 4, Decorah, IA
$ 259,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign317
  • 3 Bed
  • 2 Bath
  • 1392 sft
205 Ohio St APT 4, Decorah, IA, 52101
Property at 710 Serenity Ct, Decorah, IA
$ 299,500
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign574
  • 2 Bed
  • 2 Bath
  • 1507 sft
710 Serenity Ct, Decorah, IA, 52101
Property at 2354 Shagbark Lane Rd, Decorah, IA
$ 385,000
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign8
  • 2 Bed
  • 2 Bath
  • 1568 sft
2354 Shagbark Lane Rd, Decorah, IA, 52101

Why Invest in Decorah, Iowa?

Investing in condos in Decorah, IA offers a unique opportunity for potential returns. With an average rental yield of 5% and a cap rate hovering around 7%, the area shows promise for both new and seasoned investors. Decorah boasts a vibrant community and stable economies, making it an ideal spot for rental properties.

8.5%
Avg. ROI
5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

The average price of condos in Decorah typically ranges between $150,000 and $250,000, depending on size and location within the city. This makes it an accessible market for first-time investors.

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