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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 1 day ago
$ 125,000
ROI
27.3
Cash Flow/m
262- 2 Bed
- 1 Bath
- 832 sft
422 W Finley Ave, Ottumwa, IA, 52501
Listed for sale 1 day ago
$ 286,000
ROI
22.9Cash Flow/m
249- 3 Bed
- 3 Bath
- 1900 sft
12671 Highway 149, Ottumwa, IA, 52501
Listed for sale 3 days ago
$ 129,000
ROI
26.0Cash Flow/m
224- 2 Bed
- 1 Bath
- 782 sft
914 Richmond Ave, Ottumwa, IA, 52501
Listed for sale 3 days ago
$ 130,500
ROI
26.0Cash Flow/m
226- 2 Bed
- 2 Bath
- 816 sft
211 W Golf Ave, 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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