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

New London, IA has a median modeled monthly cash flow of $-612 and a median cap rate of 3.2%, on a median sold price of $182,450. Prices changed +3.8% year over year.

What is the average cap rate in New London, IA?

The median cap rate across recently sold homes in New London, IA is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New London, IA?

The median sold price in New London, IA is $182,450 (about $124 per square foot).

Investing in New London, IA Real Estate

A data-driven snapshot of the New London, 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.

$182,450Median sold price

$124Median $/sqft

3.2%Median cap rate

$-612Modeled cash flow / mo

+3.8%Appreciation YoY

8.8Months of supply

22Active listings

30Sold (last 12 mo)

What the New London numbers say

In New London, IA, the median home sold for $182,450 (about $124 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-612 of monthly cash flow. Sold prices moved +3.8% over the past year. Inventory sits at about 8.8 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 New London cash-flowing listings

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