Multi-Family Investment Properties in Spencer, IA | Ziffy.ai
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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

Property at 215 2nd Ave W, Spencer, IA
$ 140,000
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign165
  • 4 Bed
  • 4 Bath
  • 2688 sft
215 2nd Ave W, Spencer, IA, 51301
Property at 206 W 3rd St, Spencer, IA
$ 165,000
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign2
  • 4 Bed
  • 4 Bath
  • 2716 sft
206 W 3rd St, Spencer, IA, 51301
Property at 1309 11th Ave W, Spencer, IA
$ 200,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign93
  • 6 Bed
  • 2 Bath
  • 1800 sft
1309 11th Ave W, Spencer, IA, 51301
Property at 809-811 9th Ave E, Spencer, IA
$ 105,000
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign252
  • 1 Bed
  • 1 Bath
  • - sft
809-811 9th Ave E, 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.

Find Your Perfect Investment Property in Spencer, Iowa

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