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

$ 189,900
ROI
22.0
Cash Flow/m
119- 2 Bed
- 2 Bath
- 1110 sft
246 Whirlaway Ln, Fairfax, IA, 52228

$ 295,000
ROI
25.3
Cash Flow/m
455- 3 Bed
- 3 Bath
- 2132 sft
552 Meadow Oak Cir, Fairfax, IA, 52228

$ 315,000
ROI
21.8
Cash Flow/m
181- 4 Bed
- 3 Bath
- 2158 sft
450 Ridgeview Dr, Fairfax, IA, 52228

$ 294,900
ROI
25.9
Cash Flow/m
502- 3 Bed
- 3 Bath
- 2175 sft
1429 Applewood Dr, Fairfax, IA, 52228
Why Invest in Fairfax, Iowa?
Investing in condos in Iowa is becoming increasingly attractive due to favorable market conditions. With an average rental yield of 6.5% and a cap rate of 7.2%, investors are finding solid returns in this sector. The appreciation rate has shown steady growth, contributing to high cash flow potential for landlords.
10%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Fairfax is around 6.5%, making it an attractive option for real estate investors seeking consistent returns.
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