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

Charles City, IA has a median modeled monthly cash flow of $-69 and a median cap rate of 5.6%, on a median sold price of $139,750. Prices changed +12.4% year over year.

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

The median cap rate across recently sold homes in Charles City, IA is 5.6%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Charles City, IA is $139,750 (about $95 per square foot).

Investing in Charles City, IA Real Estate

A data-driven snapshot of the Charles 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.

$139,750Median sold price

$95Median $/sqft

5.6%Median cap rate

$-69Modeled cash flow / mo

+12.4%Appreciation YoY

14.3Months of supply

124Active listings

104Sold (last 12 mo)

What the Charles City numbers say

In Charles City, IA, the median home sold for $139,750 (about $95 per square foot), and the typical deal models out to a 5.6% cap rate with a median $-69 of monthly cash flow. Sold prices moved +12.4% over the past year. Inventory sits at about 14.3 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 3 fix-and-flip deals in Charles City — listings where the estimated after-repair value beats list price + rehab.

Other Iowa markets to compare

See Charles City cash-flowing listings

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