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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Pella, IA
Listed for sale 1 day ago
$ 229,900
ROI
22.3
Cash Flow/m
165- 2 Bed
- 1 Bath
- 839 sft
1216 Marion Ave, Pella, IA, 50219
$ 189,000
ROI
24.3Cash Flow/m
237- 2 Bed
- 1 Bath
- 877 sft
218 E 1st St, Pella, IA, 50219
$ 259,999
ROI
20.6Cash Flow/m
59- 4 Bed
- 2 Bath
- 1928 sft
309 Union St, Pella, IA, 50219
$ 160,000
ROI
24.0Cash Flow/m
190- 3 Bed
- 2 Bath
- 960 sft
111 Union St, Pella, IA, 50219
Why Invest in Pella, Iowa?
Investing in properties priced under $300k in Iowa can be a strategic move due to the state's stable economy and affordable market. With an average rental yield of 6% and a cap rate of approximately 9%, investors can achieve favorable returns in this market. Moreover, with a growing population and an increasing demand for affordable housing, your investment stands to benefit from both cash flow and long-term appreciation.
10%
Avg. ROI
6%
Rental Yield
9%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
You can find a range of properties including single-family homes, townhouses, and even duplexes. These options offer great potential for renters and buyers alike.
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