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
-16.2%
Median Cashflow
-$754/mo
Avg Rent Estimate
$2,051/mo
Avg Price
$383,527
Price Range
$250K – $700K
approximate
Rent to Price
0.53%
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 -$754 with average rents of $2,051/month. Properties are priced about $250,000 to $700,000, offering entry points across multiple investment budgets.
818 NE Meadow Landing Dr, Ankeny, IA 50021
Price
$327,400
Rent
$2,026
CachFlow
-$898
CoC
-15.67
Ankeny, IA Rental Market Insights
- Median cashflow is -$754/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 priced about $250,000 to $700,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs