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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Fairfax, IA
Listed for sale 5 days ago
$ 275,000
ROI
28.8
Cash Flow/m
695- 2 Bed
- 2 Bath
- 1275 sft
1421 Applewood Dr, Fairfax, IA, 52228
$ 289,000
ROI
26.1Cash Flow/m
508- 3 Bed
- 3 Bath
- 2400 sft
506 Meadow Oak Cir, Fairfax, IA, 52228
$ 325,000
ROI
20.1Cash Flow/m
27- 3 Bed
- 3 Bath
- 2204 sft
465 2nd St, Fairfax, IA, 52228
$ 210,000
ROI
20.0Cash Flow/m
15- 2 Bed
- 2 Bath
- 1110 sft
246 Whirlaway Ln, 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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