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

Mount Pleasant, IA has a median modeled monthly cash flow of $-487 and a median cap rate of 3.3%, on a median sold price of $172,500. Prices changed -9.9% 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 3.3%, 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 $172,500 (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.

$172,500Median sold price

$118Median $/sqft

3.3%Median cap rate

$-487Modeled cash flow / mo

-9.9%Appreciation YoY

6.9Months of supply

70Active listings

122Sold (last 12 mo)

What the Mount Pleasant numbers say

In Mount Pleasant, IA, the median home sold for $172,500 (about $118 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-487 of monthly cash flow. Sold prices moved -9.9% over the past year. Inventory sits at about 6.9 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 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.