Under $500K Investment Properties for Sale in Ely, IA
$ 489,900
ROI
20.1
Cash Flow/m
40- 4 Bed
- 3 Bath
- 2612 sft
3065 Ridgeview Dr, Ely, IA, 52227
$ 339,900
ROI
29.6Cash Flow/m
931- 5 Bed
- 3 Bath
- 2303 sft
1210 Pacific St, Ely, IA, 52227
$ 370,000
ROI
20.1Cash Flow/m
36- 4 Bed
- 3 Bath
- 2172 sft
1848 Comisky Ct, Ely, IA, 52227
$ 263,000
ROI
29.5Cash Flow/m
716- 4 Bed
- 2 Bath
- 1840 sft
1311 Main 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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