Under $500K Investment Properties for Sale in Waukee, IA

538- 4 Bed
- 3 Bath
- 1487 sft


681- 4 Bed
- 3 Bath
- 1388 sft


21- 2 Bed
- 2 Bath
- 1056 sft


256- 3 Bed
- 3 Bath
- 1337 sft
Why Invest in Waukee, Iowa?
Discover investment opportunities in Waukee, IA properties under $500k, offering strong potential for cash-flowing rentals in this growing Des Moines suburb. Stable Midwest economics support reliable tenant demand, with competitive cap rates around 6-7%. Average rents hold steady amid low vacancy, while modest appreciation adds long-term value. Investor-friendly market with balanced supply keeps entry costs accessible under budget. Focus on single-family homes yields solid rental yields for passive income strategies.
Frequently Asked Questions
Waukee offers affordable entry under $500k with strong rental demand from Des Moines commuters. Cap rates around 6.5% and low vacancy provide reliable cash flow. Growth in jobs and population ensures appreciation potential.
Find Your Perfect Investment Property in Waukee, Iowa
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