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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

$ 134,890
ROI
25.0
Cash Flow/m
198- 2 Bed
- 1 Bath
- 1118 sft
321 E 14th St, Spencer, IA, 51301

Fix & Flip
$ 110,000
ROI
27.8
Cash Flow/m
246- 3 Bed
- 2 Bath
- 1732 sft
515 6th Ave W, Spencer, IA, 51301

$ 129,900
ROI
23.0
Cash Flow/m
116- 3 Bed
- 1 Bath
- 905 sft
1016 5th Ave SE, Spencer, IA, 51301

$ 132,900
ROI
25.5
Cash Flow/m
211- 2 Bed
- 1 Bath
- 884 sft
804 Fisher Ct, 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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