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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 2 days ago
$ 500,000
ROI
25.0
Cash Flow/m
732- 5 Bed
- 4 Bath
- 3404 sft
318 W High Rd, Norwalk, IA, 50211

Listed for sale 3 days ago
$ 315,000
ROI
21.7
Cash Flow/m
167- 4 Bed
- 4 Bath
- 1630 sft
1320 E 17th St, Norwalk, IA, 50211

Listed for sale 4 days ago
$ 365,000
ROI
25.8
Cash Flow/m
616- 4 Bed
- 3 Bath
- 2092 sft
1600 E 18th St, Norwalk, IA, 50211

$ 230,000
ROI
31.6
Cash Flow/m
756- 2 Bed
- 2 Bath
- 910 sft
720 Kitterman Cir, 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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