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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 3 days ago
$ 139,000
ROI
30.5
Cash Flow/m
417- 3 Bed
- 3 Bath
- 1567 sft
182 Vogel Ave, Ottumwa, IA, 52501
Listed for sale 5 days ago
$ 189,000
ROI
21.5Cash Flow/m
93- 3 Bed
- 2 Bath
- 1040 sft
1319 Glenwood Ave, Ottumwa, IA, 52501
$ 159,900
ROI
26.1Cash Flow/m
282- 3 Bed
- 3 Bath
- 1200 sft
609 S Sheridan Ave, Ottumwa, IA, 52501
$ 159,000
ROI
26.3Cash Flow/m
287- 3 Bed
- 1 Bath
- 1471 sft
325 E Maple 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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