REI Lense

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 30+ datapoints.

Cedar Rapids, IA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.4%

Avg Cash on Cash

-10%

Median Cashflow

-$404/mo

Avg Rent Estimate

$1,669/mo

Avg Price

$268,330

Price Range

$134,000 - $512,000

Rent to Price

0.62%

low ratio

Positive Cashflow

3%

of analyzed properties

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

Cedar Rapids, IA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.4%, 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 30+ analyzed properties, the median monthly cashflow in Cedar Rapids, IA is -$404 with average rents of $1,669/month. Properties range from $134,000 to $512,000, offering entry points across multiple investment budgets.

133 Wesley Dr NW, Cedar Rapids, IA 52405

Price

$182,800

Rent

$1,303

CachFlow

-$280

CoC

-8.75

Full Analysis

3908 Knollcrest Ct NE, Cedar Rapids, IA 52402

Price

$262,000

Rent

$1,814

CachFlow

-$395

CoC

-8.62

Full Analysis

5520 Antler Dr, Cedar Rapids, IA 52411

Price

$339,800

Rent

$2,302

CachFlow

-$470

CoC

-7.9

Full Analysis

3516 Prairie Creek Rd SW, Cedar Rapids, IA 52404

Price

$350,300

Rent

$3,024

CachFlow

-$131

CoC

-2.14

Full Analysis

805 71st St NE, Cedar Rapids, IA 52402

Price

$318,200

Rent

$1,944

CachFlow

-$756

CoC

-13.58

Full Analysis
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Cedar Rapids, IA Rental Market Insights

  • Median cashflow is -$404/month — careful deal selection is essential here
  • 4.4% median cap rate is typical of appreciation-focused markets
  • At 3% positive cashflow rate, Cedar Rapids, IA requires selective property picks
  • Mid-to-upper tier market with properties from $134,000 to $512,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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