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

Fix & Flip
$ 128,900
ROI
25.5
Cash Flow/m
207- 2 Bed
- 2 Bath
- 1384 sft
121 S Merrill St, Preston, IA, 52069

Fix & Flip
$ 180,000
ROI
23.9
Cash Flow/m
205- 2 Bed
- 2 Bath
- 2521 sft
401 S Mitchell St, Preston, IA, 52069

$ 144,900
ROI
24.0
Cash Flow/m
170- 4 Bed
- 2 Bath
- 1506 sft
14 E Gillet St, Preston, IA, 52069

$ 129,900
ROI
41.0
Cash Flow/m
767- 4 Bed
- 1 Bath
- 3444 sft
520 W School St, Preston, IA, 52069
Why Invest in Preston, Iowa?
Investing in properties under $200k in Iowa offers a unique opportunity for new and experienced investors alike. With a favorable market for affordable housing, investors can enjoy a solid rental yield and potential for appreciation. Iowa's economy supports a growing population, providing a stable base for real estate investment.
8%
Avg. ROI
6%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Iowa, you can find a variety of properties under $200k, including single-family homes, duplexes, and small multifamily units. These properties are often located in growing communities, making them attractive to both renters and investors.
Find Your Perfect Investment Property in Preston, Iowa
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