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

Nevada, IA has a median modeled monthly cash flow of $-1,054 and a median cap rate of 2.1%, on a median sold price of $232,500. Prices changed +17.1% year over year.

What is the average cap rate in Nevada, IA?

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

What is the median home price in Nevada, IA?

The median sold price in Nevada, IA is $232,500 (about $195 per square foot).

Investing in Nevada, IA Real Estate

A data-driven snapshot of the Nevada, 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.

$232,500Median sold price

$195Median $/sqft

2.1%Median cap rate

$-1,054Modeled cash flow / mo

+17.1%Appreciation YoY

6.5Months of supply

56Active listings

103Sold (last 12 mo)

What the Nevada numbers say

In Nevada, IA, the median home sold for $232,500 (about $195 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,054 of monthly cash flow. Sold prices moved +17.1% over the past year. Inventory sits at about 6.5 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 Nevada cash-flowing listings

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