Investment Properties for Sale in Ottumwa, IA
Listed for sale 1 day ago
$ 160,000
ROI
26.1
Cash Flow/m
281- 3 Bed
- 3 Bath
- 2060 sft
505 Chester Ave, Ottumwa, IA, 52501
Listed for sale 5 days ago
$ 190,000
ROI
21.4Cash Flow/m
86- 3 Bed
- 2 Bath
- 1305 sft
1304 Chester Ave, Ottumwa, IA, 52501
Listed for sale 7 days ago
$ 169,000
ROI
27.4Cash Flow/m
358- 4 Bed
- 2 Bath
- 1846 sft
701 E 2nd St, Ottumwa, IA, 52501
$ 179,500
ROI
22.9Cash Flow/m
154- 3 Bed
- 1 Bath
- 1176 sft
1005 Glenwood Ave, Ottumwa, IA, 52501
Why Invest in Ottumwa, Iowa?
Investing in Ottumwa, IA presents a unique opportunity, particularly for those interested in multifamily properties. With an average rent of $850 and a rental yield of 7.5%, this city offers solid returns for investors. Moreover, the area has seen an appreciation of 3% over the past year, while vacancy rates are low at around 4%. The local economy supports a vibrant rental market, making it an attractive place for real estate investment.
12%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental price in Ottumwa is approximately $850, making it a reasonably affordable area for renters in the region.
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