Under $500K Investment Properties for Sale in Iowa City, IA

Discover investment properties under $500k in Iowa City, IA, offering strong entry points for rental income and appreciation. Home to the University of Iowa, the city supports steady renter demand with **rental yields** around 6-8% and **cap rates** of 5-7%. **Appreciation** has averaged 4% annually, driven by population growth and economic stability. **Renter-occupied** housing exceeds 40%, ensuring reliable cash flow for investors targeting this price range. Low vacancy and university-driven demand make under-$500k properties a smart buy.