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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elgin, IA
$ 139,900
ROI
28.0
Cash Flow/m
323- 3 Bed
- 2 Bath
- 1770 sft
808 Franklin St, Elgin, IA, 52141
$ 119,000
ROI
25.1Cash Flow/m
177- 3 Bed
- 2 Bath
- 1353 sft
608 Franklin St, Elgin, IA, 52141
$ 142,000
ROI
25.4Cash Flow/m
224- 3 Bed
- 1 Bath
- 1458 sft
311 Washington St, Elgin, IA, 52141
$ 289,000
ROI
28.3Cash Flow/m
683- 6 Bed
- 3 Bath
- 3267 sft
16922 April Ave, Elgin, IA, 52141
Why Invest in Elgin, Iowa?
Investing in properties under $300k in Iowa presents an attractive opportunity for investors looking to maximize returns. With a competitive rental yield and the potential for appreciation, Iowa's growing economy is supporting a strong housing market. The state boasts a diverse job landscape, making it an appealing destination for renters.
9.5%
Avg. ROI
7.2%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Iowa is approximately 7.2%, making it an attractive market for investors.
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