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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Polk City, IA

Fix & Flip
$ 185,000
ROI
23.4
Cash Flow/m
190- 3 Bed
- 1 Bath
- 864 sft
710 Waldo St, Polk City, IA, 50226

$ 165,000
ROI
25.3
Cash Flow/m
252- 2 Bed
- 1 Bath
- 850 sft
401 S 3rd St, Polk City, IA, 50226

$ 174,000
ROI
43.1
Cash Flow/m
1130- - Bed
- - Bath
- - sft
9783 NW 40th St, Polk City, IA, 50226

$ 115,000
ROI
38.0
Cash Flow/m
585- - Bed
- - Bath
- - sft
812 Pelican Dr, Polk City, IA, 50226
Why Invest in Polk City, Iowa?
Investing in homes under $200k in Polk City, IA offers a unique opportunity to enter a growing market. With affordable pricing and a supportive community atmosphere, this city is becoming a desirable choice for families and investors alike. The potential for rental income and appreciation in property values makes it an attractive option for real estate investors.
8.5%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
In Polk City, properties under $200k include single-family homes, townhouses, and some small multi-family units. This range provides a variety of options for first-time homebuyers and investors.
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