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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Norwalk, IA
$ 300,000
ROI
20.5
Cash Flow/m
66- 3 Bed
- 3 Bath
- 1201 sft
737 Sawgrass Dr, Norwalk, IA, 50211
$ 302,900
ROI
20.7Cash Flow/m
83- 3 Bed
- 3 Bath
- 1321 sft
936 Sawgrass Dr, Norwalk, IA, 50211
$ 324,900
ROI
21.3Cash Flow/m
140- 3 Bed
- 3 Bath
- 992 sft
1536 High Rd, Norwalk, IA, 50211
$ 242,000
ROI
24.0Cash Flow/m
287- 3 Bed
- 3 Bath
- 1580 sft
800 Umbra Pl, 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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