Investment Properties for Sale in Ottumwa, IA

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.