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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Spencer, IA
Listed for sale 5 days ago
$ 164,900
ROI
19.8
Cash Flow/m
3- 2 Bed
- 2 Bath
- 1040 sft
304 9th St SW, Spencer, IA, 51301
$ 140,000
ROI
24.0Cash Flow/m
165- 4 Bed
- 4 Bath
- 2688 sft
215 2nd Ave W, Spencer, IA, 51301
$ 165,000
ROI
19.8Cash Flow/m
2- 4 Bed
- 4 Bath
- 2716 sft
206 W 3rd St, Spencer, IA, 51301
$ 349,900
ROI
20.8Cash Flow/m
101- 4 Bed
- 3 Bath
- 2602 sft
1305 Grand Ave, Spencer, IA, 51301
Why Invest in Spencer, Iowa?
Investing in Spencer, Iowa offers unique opportunities for properties under $500,000. With a growing community and increasing demand for affordable housing, investors can see a healthy return on investment. The average rental yield in this area provides consistent cash flow and solid appreciation potential.
8.5%
Avg. ROI
7%
Rental Yield
6.2%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Investing in Spencer offers stability and affordable property options. With a strong rental market and ongoing community development, investors can expect favorable financial returns.
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