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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Elkader, IA
Listed for sale 5 days ago
$ 139,900
ROI
24.2
Cash Flow/m
173- 3 Bed
- 1 Bath
- 2028 sft
103 3rd St SE, Elkader, IA, 52043
Fix & Flip
$ 134,000
ROI
24.0Cash Flow/m
158- 3 Bed
- 1 Bath
- 1602 sft
311 2nd St NE, Elkader, IA, 52043
$ 179,000
ROI
27.0Cash Flow/m
360- 3 Bed
- 2 Bath
- 2492 sft
301 Plum Street, Elkader, IA, 52043
$ 185,000
ROI
29.2Cash Flow/m
486- 4 Bed
- 2 Bath
- 1856 sft
108 2nd St SW, Elkader, IA, 52043
Why Invest in Elkader, Iowa?
Elkader, IA, presents intriguing opportunities for investors seeking high rental yields. With a rental yield of approximately 8.5%, properties here generate strong cash flows for landlords, appealing to those focused on long-term investment returns. Furthermore, the city has experienced significant appreciation over the past few years, making it an attractive destination for new investments.
10%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elkader, IA is approximately 8.5%, making it an attractive market for investors seeking good returns on their properties.
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