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

Waterloo, IA has a median modeled monthly cash flow of $-325 and a median cap rate of 4.1%, on a median sold price of $175,000. Prices changed +1.7% year over year.

What is the average cap rate in Waterloo, IA?

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

What is the median home price in Waterloo, IA?

The median sold price in Waterloo, IA is $175,000 (about $120 per square foot).

Investing in Waterloo, IA Real Estate

A data-driven snapshot of the Waterloo, 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.

$175,000Median sold price

$120Median $/sqft

4.1%Median cap rate

$-325Modeled cash flow / mo

+1.7%Appreciation YoY

7.0Months of supply

526Active listings

906Sold (last 12 mo)

What the Waterloo numbers say

In Waterloo, IA, the median home sold for $175,000 (about $120 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-325 of monthly cash flow. Sold prices moved +1.7% over the past year. Inventory sits at about 7.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Waterloo — listings where the estimated after-repair value beats list price + rehab.

Other Iowa markets to compare

See Waterloo cash-flowing listings

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