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

Grimes, IA has a median modeled monthly cash flow of $-1,185 and a median cap rate of 2.3%, on a median sold price of $364,450. Prices changed +5.6% year over year.

What is the average cap rate in Grimes, IA?

The median cap rate across recently sold homes in Grimes, IA is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Grimes, IA?

The median sold price in Grimes, IA is $364,450 (about $246 per square foot).

Investing in Grimes, IA Real Estate

A data-driven snapshot of the Grimes, 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.

$364,450Median sold price

$246Median $/sqft

2.3%Median cap rate

$-1,185Modeled cash flow / mo

+5.6%Appreciation YoY

10.4Months of supply

239Active listings

276Sold (last 12 mo)

What the Grimes numbers say

In Grimes, IA, the median home sold for $364,450 (about $246 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,185 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 10.4 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 Grimes cash-flowing listings

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