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

$ 240,000
ROI
21.4
Cash Flow/m
111- 2 Bed
- 1 Bath
- 976 sft
306 NE Trent Ave, Elkhart, IA, 50073

$ 219,900
ROI
29.6
Cash Flow/m
602- 3 Bed
- 1 Bath
- 1296 sft
4125 NE 150th Ave, Elkhart, IA, 50073

$ 297,500
ROI
24.9
Cash Flow/m
422- 2 Bed
- 2 Bath
- 1218 sft
Eisenhower Plan, Kimberly Woods, Elkhart, IA, 50073

$ 290,500
ROI
25.1
Cash Flow/m
429- 3 Bed
- 2 Bath
- 1166 sft
Hoover C Plan, Kimberly Woods, Elkhart, IA, 50073
Why Invest in Elkhart, Iowa?
Investing in Elkhart, IA offers opportunities to acquire properties under $300k, making it appealing for budget-conscious investors. The area has a growing rental market with a rental yield that stands out in the state, providing passive income potential. With an average cash flow of around $300 per month, it supports solid investment growth.
8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elkhart, IA is approximately 7%, making it an attractive market for real estate investors.
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