Under $500K Investment Properties for Sale in Fairfax, IA
Listed for sale 7 days ago
$ 316,000
ROI
26.3
Cash Flow/m
574- 3 Bed
- 3 Bath
- 2474 sft
1395 Applewood Dr, Fairfax, IA, 52228
$ 469,900
ROI
27.6Cash Flow/m
1025- 4 Bed
- 3 Bath
- 2800 sft
1422 Eagleview Dr, Fairfax, IA, 52228
$ 175,000
ROI
21.4Cash Flow/m
78- 2 Bed
- 3 Bath
- 1502 sft
370 Kelso Dr, Fairfax, IA, 52228
$ 495,000
ROI
22.3Cash Flow/m
344- 4 Bed
- 4 Bath
- 2947 sft
403 Wildflower Dr, 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.
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