Ankeny, IA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Ankeny, IA. Based on 10+ datapoints.
Ankeny, IA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-15.3%
Median Cashflow
-$736/mo
Avg Rent Estimate
$2,062/mo
Avg Price
$372,683
Price Range
$269,700 - $696,600
Rent to Price
0.55%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Ankeny, IA
Ankeny, IA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Ankeny, IA is -$736 with average rents of $2,062/month. Properties range from $269,700 to $696,600, offering entry points across multiple investment budgets.
Ankeny, IA Rental Market Insights
- •Median cashflow is -$736/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Ankeny, IA requires selective property picks
- •Mid-to-upper tier market with properties from $269,700 to $696,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs