Investment Properties for Sale in Spencer, IA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Spencer, IA

Property at 601 E Milw St, Spencer, IA
Listed for sale 6 days ago
$ 125,000
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign262
  • 2 Bed
  • 1 Bath
  • 1008 sft
601 E Milw St, Spencer, IA, 51301
Property at 1301 12th Ave SE, Spencer, IA
$ 300,000
ROI
29.8ROI percentage
Cash Flow/m
Dollar sign836
  • 4 Bed
  • 3 Bath
  • 3172 sft
1301 12th Ave SE, Spencer, IA, 51301
Property at 102 7th St SE, Spencer, IA
$ 139,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign228
  • 3 Bed
  • 2 Bath
  • 816 sft
102 7th St SE, Spencer, IA, 51301
Property at 517 W 4th St, Spencer, IA
$ 125,000
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign262
  • 4 Bed
  • 2 Bath
  • 1950 sft
517 W 4th St, Spencer, IA, 51301

Why Invest in Spencer, Iowa?

Investing in Spencer, IA offers a unique opportunity for real estate investors, especially focusing on multi-family properties. With a robust economic foundation and rental properties showing steady returns, this market is gaining attention for its strong growth potential. Investors can expect an average ROI of nearly 10% and a rental yield that stands out in the Midwest, supported by a renter-occupied rate of over 60%.

10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Spencer, IA is approximately $950, making it affordable compared to larger urban areas.

Find Your Perfect Investment Property in Spencer, Iowa

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