Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Waterloo, IA
Listed for sale 2 days ago
$ 120,000
ROI
32.1
Cash Flow/m
413- 3 Bed
- 1 Bath
- 1144 sft
817 Dawson St, Waterloo, IA, 50703
Listed for sale 2 days ago
$ 259,900
ROI
24.0Cash Flow/m
310- 2 Bed
- 2 Bath
- 2018 sft
318 Westbourne Rd, Waterloo, IA, 50701
Listed for sale 3 days ago
$ 189,500
ROI
21.0Cash Flow/m
66- 3 Bed
- 1 Bath
- 1008 sft
111 Desoto Ave, Waterloo, IA, 50701
Listed for sale 3 days ago
$ 199,900
ROI
23.7Cash Flow/m
219- 3 Bed
- 2 Bath
- 1569 sft
1231 E Ridgeway 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.
Find Your Perfect Investment Property in Waterloo, Iowa
Explore investment opportunities by strategy, performance, or property type
