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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
Listed for sale 1 day ago
$ 124,900
ROI
24.8Cash Flow/m
175- 3 Bed
- 2 Bath
- 1214 sft
712 Michigan St, Storm Lake, IA, 50588
Listed for sale 3 days ago
$ 159,500
ROI
30.8Cash Flow/m
488- 2 Bed
- 2 Bath
- 1060 sft
510 Western Ave, Storm Lake, IA, 50588
Listed for sale 4 days ago
$ 170,000
ROI
24.0Cash Flow/m
199- 3 Bed
- 2 Bath
- 1512 sft
116 Kenzy St, 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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