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

Okoboji, IA has a median modeled monthly cash flow of $-1,688 and a median cap rate of 0.4%, on a median sold price of $366,000. Prices changed +4.5% year over year.

What is the average cap rate in Okoboji, IA?

The median cap rate across recently sold homes in Okoboji, IA is 0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Okoboji, IA?

The median sold price in Okoboji, IA is $366,000 (about $336 per square foot).

Investing in Okoboji, IA Real Estate

A data-driven snapshot of the Okoboji, 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.

$366,000Median sold price

$336Median $/sqft

0.4%Median cap rate

$-1,688Modeled cash flow / mo

+4.5%Appreciation YoY

15.2Months of supply

80Active listings

63Sold (last 12 mo)

What the Okoboji numbers say

In Okoboji, IA, the median home sold for $366,000 (about $336 per square foot), and the typical deal models out to a 0.4% cap rate with a median $-1,688 of monthly cash flow. Sold prices moved +4.5% over the past year. Inventory sits at about 15.2 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 Okoboji cash-flowing listings

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