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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Elk Run Heights, IA
$ 339,900
ROI
21.8
Cash Flow/m
191- 4 Bed
- 3 Bath
- 2896 sft
116 Dawn Dr, Elk Run Heights, IA, 50707
$ 149,900
ROI
24.9Cash Flow/m
213- 3 Bed
- 1 Bath
- 864 sft
240 Marie Ave, Elk Run Heights, IA, 50707
$ 279,900
ROI
25.0Cash Flow/m
406- 4 Bed
- 2 Bath
- 2148 sft
100 Corliss Ave, Elk Run Heights, IA, 50707
$ 124,000
ROI
26.6Cash Flow/m
235- 2 Bed
- 1 Bath
- 924 sft
5047 Lafayette Rd, Elk Run Heights, IA, 50707
Why Invest in Elk Run Heights, Iowa?
Investing in Elk Run Heights, Iowa, presents an excellent opportunity for properties under $500K. With a growing rental market, investors can expect solid returns, particularly with entry-level homes attracting renter-occupied rates. The city has seen a steady appreciation in property values alongside average cash flows that ensure sustainability in your investment.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average home prices in Elk Run Heights are very competitive, particularly for homes under $500K, making it an appealing market for first-time investors.
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