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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 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
$ 300,000
ROI
29.8Cash Flow/m
836- 4 Bed
- 3 Bath
- 3172 sft
1301 12th Ave SE, 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
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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