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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
$ 140,000
ROI
24.0
Cash Flow/m
165- 4 Bed
- 4 Bath
- 2688 sft
215 2nd Ave W, Spencer, IA, 51301
$ 349,900
ROI
20.8Cash Flow/m
101- 4 Bed
- 3 Bath
- 2602 sft
1305 Grand Ave, Spencer, IA, 51301
$ 200,000
ROI
21.4Cash Flow/m
93- 6 Bed
- 2 Bath
- 1800 sft
1309 11th Ave W, Spencer, IA, 51301
Fix & Flip
$ 109,000
ROI
25.2Cash Flow/m
165- 3 Bed
- 2 Bath
- 1440 sft
219 W 6th 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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