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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

$ 209,900
ROI
20.2
Cash Flow/m
28- 3 Bed
- 1 Bath
- 1584 sft
1703 209th St, Shenandoah, IA, 51601

$ 159,900
ROI
26.9
Cash Flow/m
318- 3 Bed
- 2 Bath
- 1428 sft
811 W Summit Ave, Shenandoah, IA, 51601

$ 259,000
ROI
26.1
Cash Flow/m
455- 4 Bed
- 3 Bath
- 2648 sft
24 Mayridge Dr, Shenandoah, IA, 51601

$ 135,000
ROI
20.4
Cash Flow/m
23- 2 Bed
- 2 Bath
- 902 sft
204 W Grant Ave, 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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