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

Pella, IA has a median modeled monthly cash flow of $-1,305 and a median cap rate of 2.0%, on a median sold price of $359,500. Prices changed -1.6% year over year.

What is the average cap rate in Pella, IA?

The median cap rate across recently sold homes in Pella, IA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pella, IA?

The median sold price in Pella, IA is $359,500 (about $248 per square foot).

Investing in Pella, IA Real Estate

A data-driven snapshot of the Pella, 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.

$359,500Median sold price

$248Median $/sqft

2.0%Median cap rate

$-1,305Modeled cash flow / mo

-1.6%Appreciation YoY

11.9Months of supply

194Active listings

196Sold (last 12 mo)

What the Pella numbers say

In Pella, IA, the median home sold for $359,500 (about $248 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,305 of monthly cash flow. Sold prices moved -1.6% over the past year. Inventory sits at about 11.9 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 Pella cash-flowing listings

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