Under $300K Investment Properties for Sale in Elk Horn, IA
Listed for sale 4 days ago
$ 150,000
ROI
29.2
Cash Flow/m
394- 3 Bed
- 3 Bath
- 1316 sft
4238 Union St, Elk Horn, IA, 51531
Listed for sale 6 days ago
$ 195,000
ROI
22.9Cash Flow/m
170- 3 Bed
- 2 Bath
- 2085 sft
2114 Pleasant St, Elk Horn, IA, 51531
$ 255,000
ROI
25.4Cash Flow/m
403- 2 Bed
- 3 Bath
- 2417 sft
2012 College St, Elk Horn, IA, 51531
$ 178,000
ROI
26.0Cash Flow/m
307- 4 Bed
- 2 Bath
- 1156 sft
2023 Elm St, Elk Horn, IA, 51531
Why Invest in Elk Horn, Iowa?
Investing in real estate in Iowa is an attractive opportunity, especially for those looking for properties under $300k. The state offers a solid rental yield coupled with a favorable cap rate, making it an investor's dream location. With an average cash flow and appreciation rate trending positively, long-term investment prospects look promising.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Average rental prices in Iowa vary, but many areas see rents around $1,200 per month. These prices make it an attractive option for both tenants and investors.
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