Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ottumwa, IA
Listed for sale 1 day ago
$ 115,000
ROI
30.0
Cash Flow/m
327- 2 Bed
- 1 Bath
- 864 sft
534 Morris St, Ottumwa, IA, 52501
Listed for sale 2 days ago
$ 135,000
ROI
25.0Cash Flow/m
197- 2 Bed
- 2 Bath
- 962 sft
1928 Greenwood Dr, Ottumwa, IA, 52501
Listed for sale 3 days ago
$ 245,000
ROI
24.5Cash Flow/m
326- 3 Bed
- 2 Bath
- 1680 sft
8784 Copperhead Rd, Ottumwa, IA, 52501
Listed for sale 4 days ago
$ 169,000
ROI
24.5Cash Flow/m
222- 3 Bed
- 2 Bath
- 1505 sft
7606 Cliffland Rd, Ottumwa, IA, 52501
Why Invest in Ottumwa, Iowa?
Investing in Ottumwa, IA is a lucrative opportunity, particularly for properties priced under $500k. The local housing market shows promising rental yields and appreciation rates, making it ideal for both new and seasoned investors looking for profitable ventures. With a strong community and a growing economy, Ottumwa is positioned for long-term growth.
8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Ottumwa priced under $500k is approximately $950 per month, which reflects the growing demand for affordable housing.
Find Your Perfect Investment Property in Ottumwa, Iowa
Explore investment opportunities by strategy, performance, or property type
