Investment Properties Under $200K in Spencer, IA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Spencer, IA

Property at 304 9th St SW, Spencer, IA
Listed for sale 5 days ago
$ 164,900
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign3
  • 2 Bed
  • 2 Bath
  • 1040 sft
304 9th St SW, Spencer, IA, 51301
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

Why Invest in Spencer, Iowa?

Investing in Spencer, IA, offers a unique opportunity, especially for properties under $200k. With a growing job market and affordable housing options, investors can expect a reasonable return on investment. Rental markets are bolstered by a strong demand, leading to stable cash flows and potential appreciation over time.

10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average return on investment (ROI) for properties in Spencer, IA, is approximately 10%. This figure reflects the favorable rental market and steady demand for housing.

Find Your Perfect Investment Property in Spencer, Iowa

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