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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

Fix & Flip
Listed for sale 2 days ago
$ 236,000
ROI
30.1
Cash Flow/m
680- 5 Bed
- 2 Bath
- 1190 sft
1113 Gordon Ave, Norwalk, IA, 50211

Listed for sale 3 days ago
$ 410,000
ROI
24.1
Cash Flow/m
497- 4 Bed
- 3 Bath
- 2021 sft
436 W High Rd, Norwalk, IA, 50211

Listed for sale 6 days ago
$ 310,000
ROI
24.2
Cash Flow/m
381- 3 Bed
- 3 Bath
- 1496 sft
1015 Linden Dr, Norwalk, IA, 50211

Listed for sale 7 days ago
$ 264,000
ROI
27.0
Cash Flow/m
532- 4 Bed
- 2 Bath
- 1354 sft
408 Center St, 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.
Find Your Perfect Investment Property in Norwalk, Iowa
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