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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Spencer, IA
Listed for sale 6 days ago
$ 125,000
ROI
27.3
Cash Flow/m
262- 2 Bed
- 1 Bath
- 1008 sft
601 E Milw St, Spencer, IA, 51301
$ 300,000
ROI
29.8Cash Flow/m
836- 4 Bed
- 3 Bath
- 3172 sft
1301 12th Ave SE, Spencer, IA, 51301
$ 139,000
ROI
25.6Cash Flow/m
228- 3 Bed
- 2 Bath
- 816 sft
102 7th St SE, Spencer, IA, 51301
$ 125,000
ROI
27.3Cash Flow/m
262- 4 Bed
- 2 Bath
- 1950 sft
517 W 4th St, Spencer, IA, 51301
Why Invest in Spencer, Iowa?
Investing in Spencer, Iowa, presents a unique opportunity with a focus on high rental yield properties. With the average rental yield currently hovering around 7%, investors can expect a solid return on investment. The local economy is supported by major employers and a steady growth in the rental market, making it a prime spot for investment.
12%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Spencer is approximately $900 per month, making it an affordable option for renters. This relatively low rental cost aligns with the higher rental yields available for investors.
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