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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Urbandale, IA
Listed for sale 1 day ago
$ 289,900
ROI
26.2
Cash Flow/m
516- 3 Bed
- 3 Bath
- 1753 sft
5421 154th Ct, Urbandale, IA, 50323
Listed for sale 6 days ago
$ 228,000
ROI
25.9Cash Flow/m
389- 2 Bed
- 3 Bath
- 1417 sft
10603 Hickory Dr APT 2, Urbandale, IA, 50322
$ 206,000
ROI
21.2Cash Flow/m
84- 2 Bed
- 3 Bath
- 1176 sft
4316 153rd St, Urbandale, IA, 50323
$ 289,900
ROI
22.1Cash Flow/m
192- 3 Bed
- 3 Bath
- 1741 sft
5430 153rd St, Urbandale, IA, 50323
Why Invest in Urbandale, Iowa?
Townhouses in Urbandale, IA offer strong investment potential in a thriving Des Moines suburb. Steady home price appreciation around 5-8% annually supports long-term equity growth. Rental demand remains robust with renter occupancy near 30%, driven by workforce housing initiatives. Cap rates hover at 6-7% while average rents support positive cash flow for investors. Recent designations as an Iowa Thriving Community boost developer interest and affordability programs.
8.2%
Avg. ROI
6.1%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
5.8%
1Y Appreciation
Frequently Asked Questions
Yes, with 6%+ cap rates and 30% renter occupancy, townhouses generate solid cash flow. Proximity to Des Moines jobs drives demand. State incentives further enhance returns for workforce housing.
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