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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 2 days ago
$ 125,000
ROI
23.4
Cash Flow/m
127- 3 Bed
- 2 Bath
- 1690 sft
204 Evergreen St, Shenandoah, IA, 51601
Listed for sale 3 days ago
$ 120,000
ROI
23.9Cash Flow/m
140- 2 Bed
- 1 Bath
- 724 sft
1201 5th Ave, Shenandoah, IA, 51601
$ 163,000
ROI
30.4Cash Flow/m
483- 3 Bed
- 1 Bath
- 960 sft
402 Garfield St, Shenandoah, IA, 51601
$ 165,000
ROI
25.1Cash Flow/m
243- 4 Bed
- 2 Bath
- 2034 sft
509 9th 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.
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