Investment Properties Under $200K in Elk Run Heights, IA | Ziffy.ai
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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

Property at 225 Toneff Dr, Elk Run Heights, IA
$ 120,000
ROI
29.7ROI percentage
Cash Flow/m
Dollar sign332
  • 2 Bed
  • 1 Bath
  • 726 sft
225 Toneff Dr, Elk Run Heights, IA, 50707
Property at 253 Michigan Dr, Elk Run Heights, IA
$ 190,000
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign422
  • 3 Bed
  • 2 Bath
  • 1608 sft
253 Michigan Dr, Elk Run Heights, IA, 50707
Property at 641 Amber Ln, Elk Run Heights, IA
$ 194,500
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign167
  • 3 Bed
  • 1 Bath
  • 1176 sft
641 Amber Ln, Elk Run Heights, IA, 50707
Property at 156 Gray St, Elk Run Heights, IA
$ 155,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign84
  • 2 Bed
  • 1 Bath
  • 960 sft
156 Gray St, 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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