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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Storm Lake, IA

Listed for sale 1 day ago
$ 249,500
ROI
25.8
Cash Flow/m
421- 2 Bed
- 2 Bath
- 1250 sft
1821 W 6th St #8, Storm Lake, IA, 50588

$ 275,000
ROI
20.0
Cash Flow/m
18- 2 Bed
- 2 Bath
- 1481 sft
901 E Lakeshore Dr #6, Storm Lake, IA, 50588

$ 102,500
ROI
23.4
Cash Flow/m
103- 3 Bed
- 1 Bath
- 1187 sft
1416 Michigan St APT C1, Storm Lake, IA, 50588

$ 270,000
ROI
27.0
Cash Flow/m
548- 2 Bed
- 2 Bath
- 1250 sft
94 N Emerald Dr UNIT 11, Storm Lake, IA, 50588
Why Invest in Storm Lake, Iowa?
Investing in condos in Storm Lake, Iowa presents a unique opportunity for real estate investors. The market has shown a stable appreciation rate of around 4%, with an average rental yield of 6% making it an attractive option for long-term investment. Additionally, the average cash flow generated by condos stands at $250 per month, appealing to buyers looking for steady income.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in Storm Lake is around $1,200 per month. This rate is competitive compared to other cities in Iowa.
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