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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Waterloo, IA
Listed for sale 1 day ago
$ 225,000
ROI
22.8
Cash Flow/m
189- 3 Bed
- 2 Bath
- 1264 sft
1220 Julian Ave, Waterloo, IA, 50701
Listed for sale 1 day ago
$ 179,900
ROI
28.4Cash Flow/m
434- 4 Bed
- 1 Bath
- 1733 sft
1645 Plymouth Ave, Waterloo, IA, 50702
Listed for sale 1 day ago
$ 284,900
ROI
20.4Cash Flow/m
54- 3 Bed
- 3 Bath
- 1822 sft
219 Berkshire Rd, Waterloo, IA, 50701
Listed for sale 1 day ago
$ 169,900
ROI
30.9Cash Flow/m
527- 3 Bed
- 2 Bath
- 1394 sft
1146 Cornwall Ave, Waterloo, IA, 50702
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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