Is Centerville, IA a good place to invest in rental property?

Centerville, IA has a median modeled monthly cash flow of $-350 and a median cap rate of 4.0%, on a median sold price of $116,500. Prices changed -0.6% year over year.

What is the average cap rate in Centerville, IA?

The median cap rate across recently sold homes in Centerville, IA is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Centerville, IA?

The median sold price in Centerville, IA is $116,500 (about $89 per square foot).

Investing in Centerville, IA Real Estate

A data-driven snapshot of the Centerville, IA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$116,500Median sold price

$89Median $/sqft

4.0%Median cap rate

$-350Modeled cash flow / mo

-0.6%Appreciation YoY

10.3Months of supply

89Active listings

104Sold (last 12 mo)

What the Centerville numbers say

In Centerville, IA, the median home sold for $116,500 (about $89 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-350 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 10.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 6 fix-and-flip deals in Centerville — listings where the estimated after-repair value beats list price + rehab.

Other Iowa markets to compare

See Centerville cash-flowing listings

CashFlowRE ranks every for-sale home in Centerville, IA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Centerville deals, or browse the national market data.