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

Red Oak, IA has a median modeled monthly cash flow of $-381 and a median cap rate of 3.4%, on a median sold price of $148,500. Prices changed -10.4% year over year.

What is the average cap rate in Red Oak, IA?

The median cap rate across recently sold homes in Red Oak, IA is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Red Oak, IA?

The median sold price in Red Oak, IA is $148,500 (about $90 per square foot).

Investing in Red Oak, IA Real Estate

A data-driven snapshot of the Red Oak, 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.

$148,500Median sold price

$90Median $/sqft

3.4%Median cap rate

$-381Modeled cash flow / mo

-10.4%Appreciation YoY

14.5Months of supply

70Active listings

58Sold (last 12 mo)

What the Red Oak numbers say

In Red Oak, IA, the median home sold for $148,500 (about $90 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-381 of monthly cash flow. Sold prices moved -10.4% over the past year. Inventory sits at about 14.5 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 Red Oak cash-flowing listings

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