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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Elk Run Heights, IA

$ 149,900
ROI
24.9
Cash Flow/m
213- 3 Bed
- 1 Bath
- 864 sft
240 Marie Ave, Elk Run Heights, IA, 50707

$ 124,000
ROI
26.6
Cash Flow/m
235- 2 Bed
- 1 Bath
- 924 sft
5047 Lafayette Rd, Elk Run Heights, IA, 50707

$ 190,000
ROI
27.7
Cash Flow/m
422- 3 Bed
- 2 Bath
- 1608 sft
253 Michigan Dr, Elk Run Heights, IA, 50707

$ 101,899
ROI
31.5
Cash Flow/m
334- 2 Bed
- 1 Bath
- 854 sft
144 E Gilbert Dr, Elk Run Heights, IA, 50707
Why Invest in Elk Run Heights, Iowa?
Elk Run Heights, Iowa, presents a unique opportunity for investors looking for properties under $200k. With a steady appreciation rate of around 4% and a strong rental yield of approximately 6%, this area is gaining traction among property buyers. The rental market is robust, showcasing a high percentage of renter-occupied homes, making it an attractive spot for investment.
7.5%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property price in Elk Run Heights is approximately $185,000, providing good value for investors seeking affordable options.
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