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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ely, IA
Listed for sale 4 days ago
$ 274,500
ROI
20.2
Cash Flow/m
33- 4 Bed
- 2 Bath
- 1840 sft
1311 Main St, Ely, IA, 52227
$ 355,000
ROI
26.1Cash Flow/m
631- 4 Bed
- 3 Bath
- 2252 sft
2000 Highland Rd, Ely, IA, 52227
$ 300,000
ROI
25.0Cash Flow/m
434- 3 Bed
- 2 Bath
- 1487 sft
1875 Highland Rd, Ely, IA, 52227
$ 340,000
ROI
28.0Cash Flow/m
780- 3 Bed
- 3 Bath
- 2188 sft
3000 Sunflower St, Ely, IA, 52227
Why Invest in Ely, Iowa?
Investing in properties under $500k in Iowa presents unique opportunities for investors. With affordable property prices, investors can benefit from a promising rental yield and steady appreciation rates. The state’s economic stability and strong job market make it an attractive option for real estate investment.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties priced under $500k in Iowa is approximately $950 per month, making it affordable for renters.
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