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

Wapello, IA has a median modeled monthly cash flow of $-361 and a median cap rate of 4.1%, on a median sold price of $180,000. Prices changed +14.7% year over year.

What is the average cap rate in Wapello, IA?

The median cap rate across recently sold homes in Wapello, IA is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wapello, IA?

The median sold price in Wapello, IA is $180,000 (about $133 per square foot).

Investing in Wapello, IA Real Estate

A data-driven snapshot of the Wapello, 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.

$180,000Median sold price

$133Median $/sqft

4.1%Median cap rate

$-361Modeled cash flow / mo

+14.7%Appreciation YoY

13.9Months of supply

36Active listings

31Sold (last 12 mo)

What the Wapello numbers say

In Wapello, IA, the median home sold for $180,000 (about $133 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-361 of monthly cash flow. Sold prices moved +14.7% over the past year. Inventory sits at about 13.9 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 Wapello cash-flowing listings

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