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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Norwalk, IA
$ 230,000
ROI
31.6
Cash Flow/m
756- 2 Bed
- 2 Bath
- 910 sft
720 Kitterman Cir, Norwalk, IA, 50211
$ 249,990
ROI
26.3Cash Flow/m
451- 3 Bed
- 3 Bath
- 1376 sft
907 Percheron Ln, Norwalk, IA, 50211
$ 244,990
ROI
26.9Cash Flow/m
484- 2 Bed
- 3 Bath
- 1328 sft
905 Percheron Ln, Norwalk, IA, 50211
$ 249,990
ROI
26.3Cash Flow/m
451- 3 Bed
- 3 Bath
- 1376 sft
903 Percheron Ln, Norwalk, IA, 50211
Why Invest in Norwalk, Iowa?
Townhouses in Norwalk, IA offer strong investment potential with stable appreciation and growing rental demand near Des Moines. Proximity to major employers drives consistent occupancy, while moderate entry prices support solid cash flow. Annual appreciation around 2-3% aligns with regional trends, complemented by cap rates of 6-7%. Renter-occupied units exceed 25%, bolstered by workforce migration and limited new supply. Low vacancy supports reliable yields for long-term holders.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses yield 6-7% cap rates with avg rents at $1,450 amid low vacancy. Proximity to Des Moines jobs ensures steady demand. Appreciation of 2.4% adds long-term value.
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