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

Norwalk, IA has a median modeled monthly cash flow of $-959 and a median cap rate of 3.0%, on a median sold price of $332,500. Prices changed -1.3% year over year.

What is the average cap rate in Norwalk, IA?

The median cap rate across recently sold homes in Norwalk, IA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Norwalk, IA?

The median sold price in Norwalk, IA is $332,500 (about $232 per square foot).

Investing in Norwalk, IA Real Estate

A data-driven snapshot of the Norwalk, 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.

$332,500Median sold price

$232Median $/sqft

3.0%Median cap rate

$-959Modeled cash flow / mo

-1.3%Appreciation YoY

8.9Months of supply

348Active listings

470Sold (last 12 mo)

What the Norwalk numbers say

In Norwalk, IA, the median home sold for $332,500 (about $232 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-959 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 8.9 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 Norwalk cash-flowing listings

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