Under $500K Investment Properties for Sale in Waterloo, IA
Listed for sale 2 days ago
$ 146,000
ROI
31.5
Cash Flow/m
479- 3 Bed
- 1 Bath
- 1139 sft
1926 Easton Ave, Waterloo, IA, 50702
Listed for sale 3 days ago
$ 330,000
ROI
23.6Cash Flow/m
355- 4 Bed
- 4 Bath
- 2160 sft
1952 Audubon Dr, Waterloo, IA, 50701
Listed for sale 4 days ago
$ 178,500
ROI
27.1Cash Flow/m
365- 3 Bed
- 1 Bath
- 1770 sft
1520 E Mitchell Ave, Waterloo, IA, 50702
Listed for sale 5 days ago
$ 125,000
ROI
30.6Cash Flow/m
377- 2 Bed
- 1 Bath
- 1328 sft
129 Moir St, Waterloo, IA, 50701
Why Invest in Waterloo, Iowa?
Discover investment properties under $500K in Waterloo, IA, offering strong entry points for cash-flowing rentals. The market features affordable single-family homes and duplexes with solid rental demand from manufacturing workers. Average cap rates hover around 7-8%, supported by low vacancy and steady appreciation. Renter-occupied units exceed 35%, ensuring reliable income streams. Local job growth bolsters long-term value in this Midwest gem.
9.2%
Avg. ROI
8.5%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Single-family homes, duplexes, and small multifamily units dominate, typically 3-4 bedrooms with updates. These suit long-term rentals given strong local demand. Prices start around $150K for fixer-uppers.
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