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REI Lense

Cedar Rapids, IA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Cedar Rapids, IA. Based on 40+ datapoints.

Cedar Rapids, IA Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

5.2%

Avg Cash on Cash

-6.8%

Median Cashflow

-$295/mo

Avg Rent Estimate

$1,828/mo

Avg Price

$234,900

Price Range

$115,000 - $354,100

Rent to Price

0.78%

okay ratio

Positive Cashflow

21%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Cedar Rapids, IA

Cedar Rapids, IA presents a balanced long-term rental investment profile across 40+ analyzed datapoints. A median 5.2% cap rate combined with -6.8% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.

Based on 40+ analyzed properties, the median monthly cashflow in Cedar Rapids, IA is -$295 with average rents of $1,828/month. Properties range from $115,000 to $354,100, offering entry points across multiple investment budgets.

1711 34th St NE, Cedar Rapids, IA 52402

Price

$231,500

Rent

$1,579

CachFlow

-$450

CoC

-11.11

Full Analysis

288 28th Ave SW, Cedar Rapids, IA 52404

Price

$263,300

Rent

$1,784

CachFlow

-$484

CoC

-10.5

Full Analysis

2900 Westwood Dr NW, Cedar Rapids, IA 52405

Price

$204,200

Rent

$1,953

CachFlow

-$56

CoC

-1.57

Full Analysis

218 La Salle Dr SW, Cedar Rapids, IA 52404

Price

$248,400

Rent

$1,671

CachFlow

-$456

CoC

-10.49

Full Analysis

4103 Sally Dr NE, Cedar Rapids, IA 52402

Price

$354,100

Rent

$2,150

CachFlow

-$900

CoC

-14.52

Full Analysis
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Cedar Rapids, IA Rental Market Insights

  • Median cashflow is -$295/month — careful deal selection is essential here
  • 5.2% median cap rate reflects a balanced risk-return profile
  • At 21% positive cashflow rate, Cedar Rapids, IA requires selective property picks
  • Moderately priced market with properties from $115,000 to $354,100

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