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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Eldridge, IA
Listed for sale 5 days ago
$ 167,000
ROI
20.6
Cash Flow/m
39- 2 Bed
- 2 Bath
- 1020 sft
205 E Price St Unit 103, Eldridge, IA, 52748
$ 229,000
ROI
22.6Cash Flow/m
184- 2 Bed
- 2 Bath
- 1217 sft
340 E Franklin St #202, Eldridge, IA, 52748
$ 240,000
ROI
21.4Cash Flow/m
110- 2 Bed
- 2 Bath
- 1150 sft
300 E Franklin St #101, Eldridge, IA, 52748
$ 242,000
ROI
20.5Cash Flow/m
52- 2 Bed
- 2 Bath
- 1150 sft
(Undisclosed Address), Eldridge, IA, 52748
Why Invest in Eldridge, Iowa?
Investing in condos in Iowa can yield attractive returns due to the steady rental demand and affordable entry prices. The average cap rate for such properties in Iowa is typically around 6%, providing a solid opportunity for cash flow generation. With the state's growing economy and favorable demographic trends, condos present a promising investment pathway.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Iowa is around $1,200 per month, allowing for a competitive rental yield.
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