Under $200K Investment Properties for Sale in Urbandale, IA

Discover investment opportunities in Urbandale, IA under $200k, where affordable condos and townhomes offer strong entry points for cash-flowing rentals. Proximity to Des Moines drives demand from renters in this stable suburb. Average rents support yields around 7-8%, with cap rates holding at 6-7% amid steady appreciation. Low vacancy and growing employment make these properties resilient for long-term holds. Ideal for investors seeking value in a family-friendly market with limited supply.