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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

4.6%

Avg Cash on Cash

-9.3%

Median Cashflow

-$394/mo

Avg Rent Estimate

$1,729/mo

Avg Price

$261,616

Price Range

$134,000 - $512,000

Rent to Price

0.66%

low ratio

Positive Cashflow

5%

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 4.6%, 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 40+ analyzed properties, the median monthly cashflow in Cedar Rapids, IA is -$394 with average rents of $1,729/month. Properties range from $134,000 to $512,000, offering entry points across multiple investment budgets.

1634 24th St NW, Cedar Rapids, IA 52405

Price

$231,500

Rent

$1,460

CachFlow

-$496

CoC

-12.24

Full Analysis

1504 Whitters Way NW, Cedar Rapids, IA 52405

Price

$319,000

Rent

$2,113

CachFlow

-$539

CoC

-9.66

Full Analysis

1526 C Ave NW, Cedar Rapids, IA 52405

Price

$220,000

Rent

$1,599

CachFlow

-$389

CoC

-10.1

Full Analysis

440 Peace Ave NW, Cedar Rapids, IA 52405

Price

$304,100

Rent

$2,079

CachFlow

-$483

CoC

-9.08

Full Analysis

1507 Hinkley Ave NW, Cedar Rapids, IA 52405

Price

$163,300

Rent

$1,598

CachFlow

$41

CoC

1.43

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 5% 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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