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

Decorah, IA has a median modeled monthly cash flow of $-774 and a median cap rate of 3.4%, on a median sold price of $296,000. Prices changed -3.9% year over year.

What is the average cap rate in Decorah, IA?

The median cap rate across recently sold homes in Decorah, IA is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Decorah, IA?

The median sold price in Decorah, IA is $296,000 (about $162 per square foot).

Investing in Decorah, IA Real Estate

A data-driven snapshot of the Decorah, 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.

$296,000Median sold price

$162Median $/sqft

3.4%Median cap rate

$-774Modeled cash flow / mo

-3.9%Appreciation YoY

4.7Months of supply

60Active listings

154Sold (last 12 mo)

What the Decorah numbers say

In Decorah, IA, the median home sold for $296,000 (about $162 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-774 of monthly cash flow. Sold prices moved -3.9% over the past year. Inventory sits at about 4.7 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 Decorah cash-flowing listings

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