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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Norfolk, NE
Listed for sale 6 days ago
$ 179,500
ROI
25.2
Cash Flow/m
271- 2 Bed
- 1 Bath
- 877 sft
1300 Galeta Ave APT C, Norfolk, NE, 68701
Listed for sale 7 days ago
$ 155,000
ROI
23.0Cash Flow/m
141- 2 Bed
- 1 Bath
- 928 sft
1220 Elm Ave, Norfolk, NE, 68701
$ 199,000
ROI
22.0Cash Flow/m
126- 3 Bed
- 2 Bath
- 1436 sft
112 Linnwood Ln, Norfolk, NE, 68701
$ 154,900
ROI
26.8Cash Flow/m
305- 2 Bed
- 1 Bath
- 854 sft
308 N 9th St, Norfolk, NE, 68701
Why Invest in Norfolk, Nebraska?
Investing in Norfolk, NE, is appealing, especially for properties under $200k. With a strong average rental yield of 7% and a consistent cap rate around 6%, investors can expect solid cash flow opportunities. The local market exhibits a promising growth in renter-occupied homes, alongside a stable appreciation rate of 3% annually.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Norfolk is approximately $900 per month, making it a competitive market for investors looking for affordable options.
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