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

Mount Pleasant, IA has a median modeled monthly cash flow of $-449 and a median cap rate of 3.5%, on a median sold price of $158,000. Prices changed +4.4% year over year.

What is the average cap rate in Mount Pleasant, IA?

The median cap rate across recently sold homes in Mount Pleasant, IA is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mount Pleasant, IA?

The median sold price in Mount Pleasant, IA is $158,000 (about $118 per square foot).

Investing in Mount Pleasant, IA Real Estate

A data-driven snapshot of the Mount Pleasant, 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.

$158,000Median sold price

$118Median $/sqft

3.5%Median cap rate

$-449Modeled cash flow / mo

+4.4%Appreciation YoY

13.8Months of supply

121Active listings

105Sold (last 12 mo)

What the Mount Pleasant numbers say

In Mount Pleasant, IA, the median home sold for $158,000 (about $118 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-449 of monthly cash flow. Sold prices moved +4.4% over the past year. Inventory sits at about 13.8 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 Mount Pleasant cash-flowing listings

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