Under $500K Investment Properties for Sale in Polk City, IA

Property at 1041 Cardinal Dr, Polk City, IA
Listed for sale 1 day ago
$ 489,999
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign424
  • 5 Bed
  • 3 Bath
  • 1561 sft
1041 Cardinal Dr, Polk City, IA, 50226
Property at 610 Phillips St, Polk City, IA
Listed for sale 1 day ago
$ 195,000
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign408
  • 2 Bed
  • 1 Bath
  • 770 sft
610 Phillips St, Polk City, IA, 50226
Property at 206 E Broadway St, Polk City, IA
Listed for sale 1 day ago
$ 320,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign682
  • 4 Bed
  • 3 Bath
  • 1046 sft
206 E Broadway St, Polk City, IA, 50226
Property at Cedar Plan, Crossroads at the Lakes, Polk City, IA
Listed for sale 7 days ago
$ 381,800
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign100
  • 3 Bed
  • 2 Bath
  • 1500 sft
Cedar Plan, Crossroads at the Lakes, Polk City, IA, 50226

Why Invest in Polk City, Iowa?

Investing in Polk City, IA, offers great opportunities under $500k with a solid rental market and significant growth potential. The area boasts a promising rental yield and a stable appreciation rate, making it an ideal choice for investors looking to capitalize on economical housing.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rate in Polk City is around $1,200. This competitive rate makes it attractive for both investors and renters.

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