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5 Bedroom Homes for Sale in Iola, TX
NEW
Market Data
Sort: Recommended
LISTED 05/24/23
$375,000
3 Beds2 Baths1,909 Sq. ft
21515 Fm 244, Iola, TX 77861

Monthly rent
$1,900
Cap rate
2.3%
10-Yr return
4.9%/yr
Neighborhood
B
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Frequently Asked Questions

What is a rental property?

A rental property is any property or home owned with the intention of renting it our to tenants that will stay for 12 months or longer. Rentals are popular across the country and are most common in and around major cities. Rental properties must be in desirable locations and need to be priced and renovated correctly to attract tenants.

What are the top places to invest in a rental property?

The top places to invest in rental property include major cities like Atlanta, Miami, and Houston. Some properties that are great for rentals allow for an easy commute to an employer or offer tenants the opportunity to be part of a great school district.

Is it a good idea to buy a rental property?

It’s a good idea to buy a rental property if you’re interested in leasing the home to an individual or family for an extended period and collecting rent. It’s also a good idea to buy a rental property as an investment if you would like the opportunity to benefit from rising home prices and numerous tax advantages.

How do I know if a property is good as a rental?

A property is a good rental if the rent and projected appreciation of the property can cover the costs of the mortgage and maintenance. The best rental properties available also have high returns and offer owners the opportunity to continue to increase rents and grow their real estate portfolio.

Are top rental properties for sale exclusive to Awning?

Top rental properties listed above are not exclusive to Awning. These properties are selected from over 10,000 available properties on the MLS as the best performing investment opportunities. Awning lists them to help investors and buyers quickly start browsing the best rental properties on the market.


In the past month, 100’s homes have been added to Top Rental Properties for sale by Awning analysts. Homes ranged from under $150,000 to over $1,000,000 and had projected returns over 5%. Homes were available in Alabama, California, Florida, Georgia, North Carolina, Tennessee, and Texas. Find your next rental investment property using the tools above. Use filters to narrow your search by price, square feet, beds, bathrooms, cap rates, projected returns, and more to find rental investment properties that fit your criteria. Our top-rated investor-friendly real estate agents are local experts and are available to answer questions about properties, neighborhoods, schools, investment returns for the top investment property listings. If you’re interested in finding a home that doesn’t appear here, our agents can help you find a rental investment property that fits your criteria. Awning is putting the best tools and services in the hands of investors with industry-leading technology, full-service agents, and integrated solutions for rental investors.
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