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

Listed for sale 5 days ago
$ 132,500
ROI
31.0
Cash Flow/m
413- 2 Bed
- 1 Bath
- 1168 sft
601 9th Ave, Shenandoah, IA, 51601

Listed for sale 5 days ago
$ 274,000
ROI
24.3
Cash Flow/m
348- 4 Bed
- 3 Bath
- 2880 sft
1307 Longman Dr, Shenandoah, IA, 51601

$ 195,000
ROI
24.9
Cash Flow/m
279- 3 Bed
- 2 Bath
- 1458 sft
16 Kelly Cir, Shenandoah, IA, 51601

$ 123,000
ROI
27.3
Cash Flow/m
257- 2 Bed
- 1 Bath
- 1056 sft
505 S Elm St, Shenandoah, IA, 51601
Why Invest in Shenandoah, Iowa?
Investing in properties under $500k in Iowa can yield tremendous value given the state's relatively low cost of living and stable rental market. With an average rental yield of 7.5% and competitive cap rates around 8%, this region is ripe for opportunity. The local economy, backed by strong agricultural and manufacturing sectors, continues to support growth and stability for property investors.
10%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Iowa offers a variety of properties under $500k, including single-family homes, townhouses, and sometimes multi-family units. These options provide investors with flexibility and access to diverse rental markets.
Find Your Perfect Investment Property in Shenandoah, Iowa
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