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 321 E 14th St, Spencer, IA
$ 134,890
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign198
  • 2 Bed
  • 1 Bath
  • 1118 sft
321 E 14th St, Spencer, IA, 51301
Property at 515 6th Ave W, Spencer, IA
Fix & Flip
$ 110,000
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign246
  • 3 Bed
  • 2 Bath
  • 1732 sft
515 6th Ave W, Spencer, IA, 51301
Property at 1016 5th Ave SE, Spencer, IA
$ 129,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign116
  • 3 Bed
  • 1 Bath
  • 905 sft
1016 5th Ave SE, Spencer, IA, 51301
Property at 804 Fisher Ct, Spencer, IA
$ 132,900
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign211
  • 2 Bed
  • 1 Bath
  • 884 sft
804 Fisher Ct, 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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