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

Shenandoah, IA has a median modeled monthly cash flow of $-198 and a median cap rate of 5.0%, on a median sold price of $165,000. Prices changed +9.0% year over year.

What is the average cap rate in Shenandoah, IA?

The median cap rate across recently sold homes in Shenandoah, IA is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shenandoah, IA?

The median sold price in Shenandoah, IA is $165,000 (about $97 per square foot).

Investing in Shenandoah, IA Real Estate

A data-driven snapshot of the Shenandoah, 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.

$165,000Median sold price

$97Median $/sqft

5.0%Median cap rate

$-198Modeled cash flow / mo

+9.0%Appreciation YoY

14.1Months of supply

41Active listings

35Sold (last 12 mo)

What the Shenandoah numbers say

In Shenandoah, IA, the median home sold for $165,000 (about $97 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-198 of monthly cash flow. Sold prices moved +9.0% over the past year. Inventory sits at about 14.1 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 Shenandoah cash-flowing listings

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