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

Palo, IA has a median modeled monthly cash flow of $-1,206 and a median cap rate of 1.8%, on a median sold price of $281,500. Prices changed +20.9% year over year.

What is the average cap rate in Palo, IA?

The median cap rate across recently sold homes in Palo, IA is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palo, IA?

The median sold price in Palo, IA is $281,500 (about $168 per square foot).

Investing in Palo, IA Real Estate

A data-driven snapshot of the Palo, 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.

$281,500Median sold price

$168Median $/sqft

1.8%Median cap rate

$-1,206Modeled cash flow / mo

+20.9%Appreciation YoY

4.8Months of supply

20Active listings

50Sold (last 12 mo)

What the Palo numbers say

In Palo, IA, the median home sold for $281,500 (about $168 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,206 of monthly cash flow. Sold prices moved +20.9% over the past year. Inventory sits at about 4.8 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 Palo cash-flowing listings

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