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

Fix & Flip
$ 250,000
ROI
21.3
Cash Flow/m
106- 2 Bed
- 2 Bath
- 1696 sft
518 North St, Underwood, IA, 51576

$ 275,000
ROI
23.5
Cash Flow/m
284- 3 Bed
- 2 Bath
- 2150 sft
201 2nd Ave, Underwood, IA, 51576

$ 414,900
ROI
23.6
Cash Flow/m
439- 4 Bed
- 3 Bath
- 2645 sft
116 Sunset Dr, Underwood, IA, 51576

$ 330,000
ROI
19.9
Cash Flow/m
10- 3 Bed
- 3 Bath
- 2434 sft
23647 Idlewood Rd, Underwood, IA, 51576
Why Invest in Underwood, Iowa?
Investing in Underwood, IA, offers exciting opportunities for properties under $500k. The average cash flow from rental properties here is appealing, supported by a growing local economy and a strong rental market. With a rental yield that outpaces many surrounding areas, now is the time to diversify your investment portfolio in this promising region.
10%
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 for properties in Underwood is approximately $1,200 per month, which reflects the area's growing appeal in the rental market.
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