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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ottumwa, IA
Listed for sale today
$ 135,000
ROI
25.0
Cash Flow/m
197- 2 Bed
- 1 Bath
- 720 sft
331 McKinley Ave, Ottumwa, IA, 52501
Listed for sale 2 days ago
$ 135,000
ROI
25.0Cash Flow/m
197- 2 Bed
- 1 Bath
- 744 sft
319 Osceola St, Ottumwa, IA, 52501
Listed for sale 2 days ago
$ 145,500
ROI
23.0Cash Flow/m
129- 2 Bed
- 1 Bath
- 760 sft
319 McKinley Ave, Ottumwa, IA, 52501
$ 440,000
ROI
26.8Cash Flow/m
859- 4 Bed
- 4 Bath
- 1914 sft
33 Pinehurst Cir, 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.
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