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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

$ 179,900
ROI
24.8
Cash Flow/m
254- 3 Bed
- 1 Bath
- 1858 sft
710 12th Ave, Wellman, IA, 52356

$ 110,000
ROI
50.5
Cash Flow/m
942- 5 Bed
- 1 Bath
- 1727 sft
600 8th Ave, Wellman, IA, 52356

$ 125,000
ROI
27.4
Cash Flow/m
267- 2 Bed
- 1 Bath
- 1023 sft
216 5th St, Wellman, IA, 52356

$ 148,000
ROI
28.1
Cash Flow/m
345- 2 Bed
- 2 Bath
- 1281 sft
708 9th 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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