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

New Virginia, IA has a median modeled monthly cash flow of $-1,829 and a median cap rate of 1.4%, on a median sold price of $315,000. Prices changed +35.3% year over year.

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

The median cap rate across recently sold homes in New Virginia, IA is 1.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Virginia, IA is $315,000 (about $211 per square foot).

Investing in New Virginia, IA Real Estate

A data-driven snapshot of the New Virginia, 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.

$315,000Median sold price

$211Median $/sqft

1.4%Median cap rate

$-1,829Modeled cash flow / mo

+35.3%Appreciation YoY

5.5Months of supply

18Active listings

39Sold (last 12 mo)

What the New Virginia numbers say

In New Virginia, IA, the median home sold for $315,000 (about $211 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-1,829 of monthly cash flow. Sold prices moved +35.3% over the past year. Inventory sits at about 5.5 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 New Virginia cash-flowing listings

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