Is West Des Moines, IA a good place to invest in rental property?

West Des Moines, IA has a median modeled monthly cash flow of $-983 and a median cap rate of 2.8%, on a median sold price of $339,000. Prices changed +3.9% year over year.

What is the average cap rate in West Des Moines, IA?

The median cap rate across recently sold homes in West Des Moines, IA is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Des Moines, IA?

The median sold price in West Des Moines, IA is $339,000 (about $211 per square foot).

Investing in West Des Moines, IA Real Estate

A data-driven snapshot of the West Des Moines, 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.

$339,000Median sold price

$211Median $/sqft

2.8%Median cap rate

$-983Modeled cash flow / mo

+3.9%Appreciation YoY

10.2Months of supply

970Active listings

1,143Sold (last 12 mo)

What the West Des Moines numbers say

In West Des Moines, IA, the median home sold for $339,000 (about $211 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-983 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 10.2 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 West Des Moines cash-flowing listings

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