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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Spencer, IA
Listed for sale 2 days ago
$ 105,000
ROI
28.4
Cash Flow/m
252- 1 Bed
- 1 Bath
- - sft
809-811 9th Ave E, Spencer, IA, 51301
Listed for sale 3 days ago
$ 156,900
ROI
21.0Cash Flow/m
55- 2 Bed
- 1 Bath
- 958 sft
314 E 12th St, Spencer, IA, 51301
Listed for sale 7 days ago
$ 156,900
ROI
21.0Cash Flow/m
55- 2 Bed
- 1 Bath
- 958 sft
312 E 12th St, Spencer, IA, 51301
$ 169,900
ROI
20.4Cash Flow/m
31- 2 Bed
- 1 Bath
- 880 sft
909 E 15th St, Spencer, IA, 51301
Why Invest in Spencer, Iowa?
Investing in properties under $300k in Iowa can be a strategic decision, especially given the state's affordable living costs. With a rental yield averaging around 7% and a cap rate of approximately 8%, this region presents promising opportunities for investors. As market trends indicate consistent appreciation, investors can expect steady returns.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Iowa is around 7%, making it a profitable state for property investors.
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