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

Hiawatha, IA has a median modeled monthly cash flow of $-1,222 and a median cap rate of 2.1%, on a median sold price of $295,445. Prices changed +1.0% year over year.

What is the average cap rate in Hiawatha, IA?

The median cap rate across recently sold homes in Hiawatha, IA is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hiawatha, IA?

The median sold price in Hiawatha, IA is $295,445 (about $150 per square foot).

Investing in Hiawatha, IA Real Estate

A data-driven snapshot of the Hiawatha, 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.

$295,445Median sold price

$150Median $/sqft

2.0%Median cap rate

$-1,222Modeled cash flow / mo

+1.0%Appreciation YoY

13.3Months of supply

155Active listings

140Sold (last 12 mo)

What the Hiawatha numbers say

In Hiawatha, IA, the median home sold for $295,445 (about $150 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,222 of monthly cash flow. Sold prices moved +1.0% over the past year. Inventory sits at about 13.3 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.

Other Iowa markets to compare

See Hiawatha cash-flowing listings

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