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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Norwalk, IA
Listed for sale 1 day ago
$ 355,000
ROI
20.5
Cash Flow/m
69- 3 Bed
- 2 Bath
- 1433 sft
2924 Myron St, Norwalk, IA, 50211
Listed for sale 5 days ago
$ 185,000
ROI
23.6Cash Flow/m
197- 3 Bed
- 2 Bath
- 1474 sft
4420 Wakonda Dr, Norwalk, IA, 50211
Listed for sale 6 days ago
$ 249,900
ROI
26.3Cash Flow/m
458- 3 Bed
- 2 Bath
- 1312 sft
518 Lewis Ave, Norwalk, IA, 50211
$ 334,900
ROI
21.9Cash Flow/m
202- 3 Bed
- 3 Bath
- 1904 sft
2721 Yordi Dr, 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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