Under $500K 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
22.9
Cash Flow/m
170- 3 Bed
- 2 Bath
- 2085 sft
2114 Pleasant St, Elk Horn, IA, 51531

$ 255,000
ROI
25.4
Cash Flow/m
403- 2 Bed
- 3 Bath
- 2417 sft
2012 College St, Elk Horn, IA, 51531

$ 178,000
ROI
26.0
Cash Flow/m
307- 4 Bed
- 2 Bath
- 1156 sft
2023 Elm St, Elk Horn, IA, 51531
Why Invest in Elk Horn, Iowa?
Investing in Iowa can be extremely rewarding, especially with properties under $500k. The state offers affordable real estate options with strong rental yields and a growing demand for housing. Furthermore, with an average ROI that's rising steadily, this is a great time to consider property investments in the region.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average home price in Iowa varies by region but generally remains below the national average, making it an attractive market for first-time buyers and investors alike.
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