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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Ottumwa, IA

$ 150,500
ROI
23.8
Cash Flow/m
169- 5 Bed
- 2 Bath
- 2922 sft
117 E Woodland Ave, Ottumwa, IA, 52501

Rental Income
$ 160,000
ROI
22.0
Cash Flow/m
102- - Bed
- - Bath
- 2866 sft
112 E 6th St, Ottumwa, IA, 52501

$ 180,000
ROI
22.0
Cash Flow/m
111- - Bed
- - Bath
- 1824 sft
524 N Wapello St, Ottumwa, IA, 52501

Currently Rented
$ 149,000
ROI
22.3
Cash Flow/m
106- - Bed
- - Bath
- 1440 sft
814 E Finley Ave, Ottumwa, IA, 52501
Why Invest in Ottumwa, Iowa?
Investing in multi-family properties in Ottumwa, IA, offers significant potential due to a favorable rental market. With an average rental yield of 6.5% and a growing population, this charming Midwestern city presents appealing cash flow opportunities for investors.
8%
Avg. ROI
6.5%
Rental Yield
7.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investing in multi-family properties in Ottumwa offers the potential for solid rental yields and a steady influx of tenants. The city's growing job market and stable economic conditions further enhance the appeal.
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