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

Central City, IA has a median modeled monthly cash flow of $-452 and a median cap rate of 3.8%, on a median sold price of $266,150. Prices changed +1.1% year over year.

What is the average cap rate in Central City, IA?

The median cap rate across recently sold homes in Central City, IA is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Central City, IA?

The median sold price in Central City, IA is $266,150 (about $138 per square foot).

Investing in Central City, IA Real Estate

A data-driven snapshot of the Central City, 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.

$266,150Median sold price

$138Median $/sqft

3.8%Median cap rate

$-452Modeled cash flow / mo

+1.1%Appreciation YoY

5.2Months of supply

13Active listings

30Sold (last 12 mo)

What the Central City numbers say

In Central City, IA, the median home sold for $266,150 (about $138 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-452 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 5.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Iowa markets to compare

See Central City cash-flowing listings

CashFlowRE ranks every for-sale home in Central City, 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 Central City deals, or browse the national market data.