High Rental Yield Investment Properties for Sale in Norwalk, IA
Listed for sale 1 day ago
$ 364,900
ROI
21.8
Cash Flow/m
204- 3 Bed
- 2 Bath
- 1328 sft
2200 Waller Ave, Norwalk, IA, 50211
Listed for sale 2 days ago
$ 205,000
ROI
20.5Cash Flow/m
41- 3 Bed
- 1 Bath
- 1030 sft
2121 Windflower Dr, Norwalk, IA, 50211
Listed for sale 2 days ago
$ 356,900
ROI
20.5Cash Flow/m
76- 3 Bed
- 2 Bath
- 1486 sft
Shelby Plan, Valley View, Norwalk, IA, 50211
Listed for sale 2 days ago
$ 327,000
ROI
20.7Cash Flow/m
89- 4 Bed
- 3 Bath
- 1486 sft
Harrison Plan, Valley View, Norwalk, IA, 50211
Why Invest in Norwalk, Iowa?
Norwalk, IA offers high rental yield opportunities for investors seeking strong cash flow in a growing suburb of Des Moines. Average rents around $1,900 support solid returns with low vacancy pressures. Cap rates hover near 7%, bolstered by 5% year-over-year rent growth. Renter-occupied housing exceeds 30%, reflecting stable demand from commuters. Annual appreciation of 3-4% adds long-term value to single-family and multifamily properties.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$1900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Proximity to Des Moines jobs and 5% rent growth fuel yields around 8%. Low vacancies at 4% and cap rates of 7% make it attractive. Stable renter demand from families enhances cash flow.
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