Under $500K 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
23.9Cash Flow/m
208- 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
$ 279,000
ROI
20.5Cash Flow/m
55- 3 Bed
- 3 Bath
- 1910 sft
816 Kelvin Rd, Storm Lake, IA, 50588
Why Invest in Storm Lake, Iowa?
Storm Lake, Iowa, offers an attractive opportunity for investors looking for properties under $500K. With a growing rental market and a strong sense of community, it's an ideal spot for those seeking to enter the real estate market. Investors can enjoy a balanced combination of rental yield and appreciation potential in this vibrant city.
7.5%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental prices in Storm Lake typically range around $950, making it an affordable option for renters in the area.
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