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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
Listed for sale 6 days ago
$ 125,000
ROI
27.3
Cash Flow/m
262- 2 Bed
- 1 Bath
- 1008 sft
601 E Milw St, Spencer, IA, 51301
$ 139,000
ROI
25.6Cash Flow/m
228- 3 Bed
- 2 Bath
- 816 sft
102 7th St SE, Spencer, IA, 51301
$ 125,000
ROI
27.3Cash Flow/m
262- 4 Bed
- 2 Bath
- 1950 sft
517 W 4th St, Spencer, IA, 51301
$ 129,000
ROI
26.3Cash Flow/m
236- 2 Bed
- 2 Bath
- 1152 sft
540 7th 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.
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