Save Search
Filters Applied
EditEdit Filters
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
$ 165,000
ROI
23.4
Cash Flow/m
165- 2 Bed
- 2 Bath
- 958 sft
7815 Douglas Ave APT 305, Urbandale, IA, 50322

Listed for sale 3 days ago
$ 175,000
ROI
26.9
Cash Flow/m
348- 2 Bed
- 2 Bath
- 1081 sft
1208 49th St Unit 1, West Des Moines, IA, 50266

Listed for sale 4 days ago
$ 155,000
ROI
20.6
Cash Flow/m
37- 2 Bed
- 1 Bath
- 794 sft
4165 Mallard Ct APT 12, Bettendorf, IA, 52722

Listed for sale 4 days ago
$ 189,500
ROI
25.1
Cash Flow/m
284- 2 Bed
- 2 Bath
- 1136 sft
1472 Tower Ln NE Unit 5, Cedar Rapids, IA, 52402
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
Explore investment opportunities by strategy, performance, or property type
