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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Wellman, IA
$ 185,000
ROI
21.5
Cash Flow/m
91- 3 Bed
- 2 Bath
- 1429 sft
1012 8th Ave, Wellman, IA, 52356
$ 110,000
ROI
24.9Cash Flow/m
159- 2 Bed
- 1 Bath
- 832 sft
617 6th St, Wellman, IA, 52356
$ 169,900
ROI
25.1Cash Flow/m
254- 3 Bed
- 1 Bath
- 1256 sft
1216 7th Ave, Wellman, IA, 52356
$ 120,000
ROI
30.3Cash Flow/m
352- 2 Bed
- 1 Bath
- 907 sft
1112 8th Ave, Wellman, IA, 52356
Why Invest in Wellman, Iowa?
Investing in properties under $200k in Iowa can yield substantial returns, especially in smaller towns like Wellman. With a low cost of living and gradual appreciation, investors can expect reliable cash flow and attractive rental yields in this market.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Wellman is around $1,000 per month, making it an affordable option for both renters and investors.
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