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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 50+ datapoints.

Cedar Rapids, IA Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-8.8%

Median Cashflow

-$394/mo

Avg Rent Estimate

$1,787/mo

Avg Price

$253,220

Price Range

$134,000 - $474,000

Rent to Price

0.71%

low ratio

Positive Cashflow

9%

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 50+ analyzed datapoints. A median 4.6% cap rate combined with -8.8% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.

Based on 50+ analyzed properties, the median monthly cashflow in Cedar Rapids, IA is -$394 with average rents of $1,787/month. Properties range from $134,000 to $474,000, offering entry points across multiple investment budgets.

502 Crimson Dr NE, Cedar Rapids, IA 52402

Price

$255,000

Rent

$1,566

CachFlow

-$598

CoC

-13.4

Full Analysis

411 22nd St NE, Cedar Rapids, IA 52402

Price

$161,400

Rent

$1,440

CachFlow

-$42

CoC

-1.49

Full Analysis

3904 Sally Dr NE, Cedar Rapids, IA 52402

Price

$309,000

Rent

$1,795

CachFlow

-$713

CoC

-13.19

Full Analysis

3114 Eastern Ave NE, Cedar Rapids, IA 52402

Price

$212,000

Rent

$2,054

CachFlow

$75

CoC

2.02

Full Analysis

292 Windsor Dr NE, Cedar Rapids, IA 52402

Price

$243,600

Rent

$1,772

CachFlow

-$413

CoC

-9.69

Full Analysis
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Cedar Rapids, IA Rental Market Insights

  • Median cashflow is -$394/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 9% positive cashflow rate, Cedar Rapids, IA requires selective property picks
  • Mid-to-upper tier market with properties from $134,000 to $474,000

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