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

Prairie City, IA has a median modeled monthly cash flow of $-808 and a median cap rate of 2.6%, on a median sold price of $301,000. Prices changed -6.8% year over year.

What is the average cap rate in Prairie City, IA?

The median cap rate across recently sold homes in Prairie City, IA is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prairie City, IA?

The median sold price in Prairie City, IA is $301,000 (about $193 per square foot).

Investing in Prairie City, IA Real Estate

A data-driven snapshot of the Prairie City, 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.

$301,000Median sold price

$193Median $/sqft

2.6%Median cap rate

$-808Modeled cash flow / mo

-6.8%Appreciation YoY

5.8Months of supply

17Active listings

35Sold (last 12 mo)

What the Prairie City numbers say

In Prairie City, IA, the median home sold for $301,000 (about $193 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-808 of monthly cash flow. Sold prices moved -6.8% over the past year. Inventory sits at about 5.8 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 Prairie City cash-flowing listings

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