Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Fairfax, IA

Listed for sale 6 days ago
$ 275,000
ROI
28.8
Cash Flow/m
695- 2 Bed
- 2 Bath
- 1275 sft
1421 Applewood Dr, Fairfax, IA, 52228

$ 225,000
ROI
22.1
Cash Flow/m
146- 3 Bed
- 3 Bath
- 1549 sft
1504 Applewood Dr, Fairfax, IA, 52228

$ 325,000
ROI
28.8
Cash Flow/m
818- 2 Bed
- 2 Bath
- 2578 sft
400 E Southview Rd, Fairfax, IA, 52228

$ 289,000
ROI
26.1
Cash Flow/m
508- 3 Bed
- 3 Bath
- 2400 sft
506 Meadow Oak Cir, Fairfax, IA, 52228
Why Invest in Fairfax, Iowa?
Investing in properties under $500k in Iowa can provide great opportunities for savvy investors. With a growing rental market alongside affordable property prices, investors can expect attractive returns on their investments. Iowa's stable economic landscape and job growth make it an appealing destination for property buyers looking for high rental yields and steady cash flow.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average property price in Iowa varies, but properties under $500k offer great investment opportunities, especially in rural areas.
Find Your Perfect Investment Property in Fairfax, Iowa
Explore investment opportunities by strategy, performance, or property type
