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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 4 days ago
$ 289,500
ROI
21.5
Cash Flow/m
142- 3 Bed
- 4 Bath
- 3112 sft
8 Mayridge Dr, Shenandoah, IA, 51601
$ 132,500
ROI
20.8Cash Flow/m
39- 3 Bed
- 3 Bath
- 1323 sft
909 S Center St, Shenandoah, IA, 51601
$ 110,000
ROI
24.9Cash Flow/m
159- 4 Bed
- 1 Bath
- 1461 sft
206 W Lowell Ave, Shenandoah, IA, 51601
$ 159,000
ROI
29.0Cash Flow/m
411- 3 Bed
- 2 Bath
- 1110 sft
506 Lake 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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