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

Condo Investment Properties for Sale in Fairfax, IA

Property at 1429 Applewood Dr, Fairfax, IA
$ 294,900
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign502
  • 3 Bed
  • 3 Bath
  • 2175 sft
1429 Applewood Dr, Fairfax, IA, 52228
Property at 720 Hillview Dr, FAIRFAX, IA
$ 249,500
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign118
  • 3 Bed
  • 3 Bath
  • 2452 sft
720 Hillview Dr, FAIRFAX, IA, 52228
Property at 1416 Applewood Dr, Fairfax, IA
$ 255,000
ROI
39.0ROI percentage
Cash Flow/m
Dollar sign1364
  • 2 Bed
  • 2 Bath
  • 1275 sft
1416 Applewood Dr, Fairfax, IA, 52228
Property at 607 Hillview Dr, Fairfax, IA
$ 390,000
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign984
  • 4 Bed
  • 4 Bath
  • 3686 sft
607 Hillview 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.

Find Your Perfect Investment Property in Fairfax, Iowa

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