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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Waverly, IA

$ 319,900
ROI
21.4
Cash Flow/m
150- 3 Bed
- 3 Bath
- 2404 sft
2524 Park 3rd Ave NW, Waverly, IA, 50677

$ 137,000
ROI
23.0
Cash Flow/m
122- 1 Bed
- 1 Bath
- 786 sft
1401 3rd St SW APT 116, Waverly, IA, 50677

$ 299,900
ROI
26.3
Cash Flow/m
542- 3 Bed
- 2 Bath
- 2458 sft
3817 Spring Ct, Waverly, IA, 50677

$ 209,000
ROI
24.2
Cash Flow/m
256- 2 Bed
- 3 Bath
- 1946 sft
810 6th St NW, Waverly, IA, 50677
Why Invest in Waverly, Iowa?
Investing in Waverly, IA, particularly in condo properties, offers great potential for returns. With a favorable rental market and a strong presence of local employers, the area boasts an average rental yield of 7%. Additionally, Waverly has shown consistent appreciation trends over recent years, making it an attractive option for long-term investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Condos in Waverly provide a solid investment opportunity due to the area's steady appreciation and rental yield. The strong local employment market also supports tenant demand.
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