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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 today
$ 105,000
ROI
24.7
Cash Flow/m
144- 2 Bed
- 1 Bath
- 1420 sft
207 Denver St, Waterloo, IA, 50701

Listed for sale 1 day ago
$ 125,000
ROI
29.1
Cash Flow/m
326- 2 Bed
- 2 Bath
- 632 sft
1802 Easton Ave, Waterloo, IA, 50702

Listed for sale 1 day ago
$ 324,900
ROI
26.8
Cash Flow/m
636- 4 Bed
- 2 Bath
- 2638 sft
914 Lynda Rd, Waterloo, IA, 50701

Listed for sale 2 days ago
$ 260,000
ROI
24.7
Cash Flow/m
357- 3 Bed
- 2 Bath
- 2240 sft
511 Columbia Cir, 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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