Townhouse Investment Properties for Sale in Norwalk, IA
Listed for sale 3 days ago
$ 229,900
ROI
28.1
Cash Flow/m
537- 3 Bed
- 3 Bath
- 1500 sft
634 Newport Pl, Norwalk, IA, 50211
$ 242,000
ROI
28.1Cash Flow/m
565- 3 Bed
- 3 Bath
- 1580 sft
802 Umbra Pl, Norwalk, IA, 50211
$ 255,000
ROI
26.6Cash Flow/m
484- 3 Bed
- 3 Bath
- 1480 sft
2606 Park Pl, Norwalk, IA, 50211
$ 244,900
ROI
29.4Cash Flow/m
660- 3 Bed
- 3 Bath
- 1605 sft
Hickory Plan, Shadow Creek Estates, 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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