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

Eldridge, IA has a median modeled monthly cash flow of $-1,588 and a median cap rate of 0.9%, on a median sold price of $316,000. Prices changed +1.5% year over year.

What is the average cap rate in Eldridge, IA?

The median cap rate across recently sold homes in Eldridge, IA is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Eldridge, IA?

The median sold price in Eldridge, IA is $316,000 (about $209 per square foot).

Investing in Eldridge, IA Real Estate

A data-driven snapshot of the Eldridge, 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.

$316,000Median sold price

$209Median $/sqft

0.9%Median cap rate

$-1,588Modeled cash flow / mo

+1.5%Appreciation YoY

9.4Months of supply

113Active listings

145Sold (last 12 mo)

What the Eldridge numbers say

In Eldridge, IA, the median home sold for $316,000 (about $209 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-1,588 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 9.4 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.

Other Iowa markets to compare

See Eldridge cash-flowing listings

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