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

Listed for sale 1 day ago
$ 243,900
ROI
23.4
Cash Flow/m
247- 2 Bed
- 2 Bath
- 1480 sft
713 Spruce Dr, Independence, IA, 50644

Listed for sale 2 days ago
$ 293,000
ROI
27.2
Cash Flow/m
609- 3 Bed
- 3 Bath
- 1834 sft
810 Deer Run Dr NE, Cedar Rapids, IA, 52402

Listed for sale 2 days ago
$ 399,000
ROI
19.9
Cash Flow/m
19- 3 Bed
- 2 Bath
- 1703 sft
325 Dutch Dr, Robins, IA, 52328

Listed for sale 3 days ago
$ 225,000
ROI
21.1
Cash Flow/m
86- 3 Bed
- 3 Bath
- 1823 sft
1577 Hunters Creek Way, Marion, IA, 52302
Why Invest in Iowa?
Iowa condo investments offer steady cash flow in a stable Midwest market with growing rental demand. Average rents hold firm at accessible levels, supporting cap rates around 7-8%. Renter occupancy exceeds 30%, bolstered by diverse tenant bases in urban centers. Annual appreciation of 3-4% reflects controlled supply and economic resilience. Low entry costs make condos ideal for passive income strategies here.
8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1120/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Iowa condos provide stable returns with 7-8% cap rates and low vacancy. Strong job markets in Des Moines and Iowa City ensure tenant demand. Affordable pricing allows scalable portfolios for investors.
Find Your Perfect Investment Property in Iowa
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