High Rental Yield Investment Properties for Sale in Spencer, IA
$ 124,500
ROI
27.4
Cash Flow/m
265- 1 Bed
- 1 Bath
- 783 sft
1900 4th Ave SW APT 103, Spencer, IA, 51301
$ 109,500
ROI
31.7Cash Flow/m
363- 2 Bed
- 1 Bath
- 720 sft
1418 4th Ave E, Spencer, IA, 51301
$ 134,900
ROI
22.0Cash Flow/m
84- 3 Bed
- 1 Bath
- 1049 sft
308 E 10th St, Spencer, IA, 51301
$ 148,000
ROI
22.5Cash Flow/m
113- 2 Bed
- 1 Bath
- 1118 sft
321 E 14th 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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