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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Eldridge, IA
Motivated Seller
$ 219,000
ROI
25.5
Cash Flow/m
348- 2 Bed
- 2 Bath
- 1217 sft
220 E Franklin St APT 201, Eldridge, IA, 52748
$ 162,000
ROI
27.9Cash Flow/m
367- 2 Bed
- 2 Bath
- 1020 sft
3209 S 16th Ave Unit 104, Eldridge, IA, 52748
$ 225,000
ROI
27.6Cash Flow/m
492- 2 Bed
- 2 Bath
- 1217 sft
400 E Franklin St #201, Eldridge, IA, 52748
$ 156,000
ROI
27.3Cash Flow/m
326- 2 Bed
- 2 Bath
- 1020 sft
3209 S 16th Ave Unit 101, 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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