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

Marengo, IA has a median modeled monthly cash flow of $-447 and a median cap rate of 3.3%, on a median sold price of $180,000. Prices changed -1.0% year over year.

What is the average cap rate in Marengo, IA?

The median cap rate across recently sold homes in Marengo, IA is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Marengo, IA?

The median sold price in Marengo, IA is $180,000 (about $100 per square foot).

Investing in Marengo, IA Real Estate

A data-driven snapshot of the Marengo, 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.

$180,000Median sold price

$100Median $/sqft

3.3%Median cap rate

$-447Modeled cash flow / mo

-1.0%Appreciation YoY

6.6Months of supply

17Active listings

31Sold (last 12 mo)

What the Marengo numbers say

In Marengo, IA, the median home sold for $180,000 (about $100 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-447 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 6.6 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 Marengo cash-flowing listings

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