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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Spencer, IA
Currently Rented
Fix & Flip
Rental Income
$ 175,000
ROI
27.2
Cash Flow/m
363- 5 Bed
- 3 Bath
- 4308 sft
21 W 1st St, Spencer, IA, 51301
$ 275,000
ROI
24.1Cash Flow/m
336- 3 Bed
- 2 Bath
- 1533 sft
208 34th Ave W, Spencer, IA, 51301
$ 275,000
ROI
24.1Cash Flow/m
333- 3 Bed
- 2 Bath
- 1533 sft
212 34th Ave W, Spencer, IA, 51301
$ 275,000
ROI
24.1Cash Flow/m
333- 3 Bed
- 2 Bath
- 1533 sft
204 34th Ave W, Spencer, IA, 51301
Why Invest in Spencer, Iowa?
Investing in multifamily properties in Iowa is a strategic choice, given the state's favorable economic conditions and solid rental demand. With a rental yield averaging around 6%, and an appreciation rate of 3%, there's potential for steady cash flow and long-term growth in the multifamily sector.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multifamily properties in Iowa is approximately 6%, making it an attractive option for investors.
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