Under $200K Investment Properties for Sale in Storm Lake, IA
Listed for sale 3 days ago
$ 123,500
ROI
28.7
Cash Flow/m
307- 1 Bed
- 1 Bath
- 712 sft
715 Geneseo St, Storm Lake, IA, 50588
Listed for sale 4 days ago
$ 179,000
ROI
25.0Cash Flow/m
260- 4 Bed
- 3 Bath
- 1713 sft
408 Michigan St, Storm Lake, IA, 50588
Listed for sale 4 days ago
$ 149,000
ROI
29.7Cash Flow/m
411- 2 Bed
- 1 Bath
- 1148 sft
518 Barton St, Storm Lake, IA, 50588
$ 149,900
ROI
25.6Cash Flow/m
244- 3 Bed
- 1 Bath
- 1284 sft
520 Ontario St, Storm Lake, IA, 50588
Why Invest in Storm Lake, Iowa?
Investing in Storm Lake, Iowa, especially with properties under $200k, is an opportunity that attracts numerous investors. The region boasts affordable housing options and a growing economy, making it a favorable market for rental investments. With a rental yield of approximately 8% and an average cap rate of 7%, investors can find promising cash flow opportunities.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Storm Lake is approximately $1,200 per month, offering competitive rates for investors looking to maximize cash flow.
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