Fourplex
706 W 12th St · Cedar Falls, IA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $902 – $1,676
Heat risk 3/10 · Minor
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Schools +7.4/10.0
- Livability +4.0/5.0
- Rent growth +3.0/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$270,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed
Listing remarks MLS
Calling all investors! A great income producing opportunity in the heart of Cedar Falls - Three of four units currently leased. Rent roll and p/l available upon request.
Key facts
- New siding
- 0.24 acre lot
- 4 garage spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4 × 1-bed/1-bath units multifamily listed at $270k. Condition is rated fair.
- This rent per unit is only 16% of the median local income ($79k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Deal economics
- At list price, monthly cash flow is $2k ($19k/yr) — positive. Per door: $397/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $270k).
- Recommended offer: $254k (6.0% below list) — sets the bar for market timing.
- Cap rate 13.3% vs local median 3.1% in Cedar Falls — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#60 in IA, #1,357 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D, commute F.
- Cedar Falls Community School District (urban): math 76% / reading 79% proficiency, ranked #45 of 289 in IA (top 16%) — strong family-tenant draw, lease renewals of 3-5y typical; only 18% free/reduced lunch — higher-income household profile.
- Zoned schools: Lincoln Elementary School (math 66% / reading 71%, grade B+, #266 of 616 statewide, top 43%, 453 students, 45% FRL); Holmes Junior High School (math 79% / reading 78%, grade A+, #44 of 246 statewide, top 19%, 639 students, 28% FRL); Cedar Falls High School (math 74% / reading 78%, grade A-, #75 of 336 statewide, top 23%, 1,302 students, 24% FRL).
- Market conditions: Rents rising (+2.0%/yr); 598 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 287 units permitted in Black Hawk County in 2024 (67 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Black Hawk County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 2.0% rent growth), your $76k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 84 days — a 6% lower offer ($254k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $230k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 84 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.58% ✓
- Cap rate
- 13.35%
- Cash-on-cash
- 25.19%
- DSCR
- 2.12
- GRM
- 5.3
CMA / ARV
- ARV (median comp)
- $441,116
- List price
- $270,000
- Delta
- -38.79%
- Verdict
- UNDERPRICED
- Comps
- 1 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1815 Clay St | 0.48mi | 4/2.5 | 2,110 (+2%) | 2mo | $250,000 | $118 | 61 |
| 624 W 9th St | 0.20mi | 4/2.0 | 1,648 (-20%) | 2mo | $275,000 | $167 | 50 |
| 910 Walnut St | 0.19mi | 3/2.0 (-1) | 1,678 (-19%) | 0mo | $179,500 | $107 | 47 |
| 1509 W 8th St | 0.58mi | 4/2.0 | 1,938 (-6%) | 1mo | $252,000 | $130 | 47 |
| 1510 W 6th St | 0.64mi | 4/2.0 | 1,924 (-7%) | 0mo | $204,000 | $106 | 44 |
| 1823 Timberledge Dr | 1.40mi | 3/2.5 (-1) | 2,111 (+2%) | 1mo | $335,000 | $159 | 44 |
| 504 Walnut St | 0.45mi | 3/2.0 (-1) | 1,832 (-12%) | 0mo | $253,500 | $138 | 41 |
| 2621 W 4th St | 1.32mi | 4/2.0 | 2,242 (+8%) | 2mo | $260,000 | $116 | 36 |
| 2310 Tremont St | 0.77mi | 3/2.5 (-1) | 2,291 (+11%) | 2mo | $283,000 | $124 | 29 |
| 1931 Belle Ave. Ave | 1.14mi | 4/2.0 | 1,692 (-18%) | 1mo | $226,750 | $134 | 25 |
| 822 W 1 St | 0.70mi | 3/1.0 (-1) | 1,584 (-24%) | 2mo | $110,000 | $69 | 21 |
| 2216 Linnwood Dr | 1.04mi | 3/1.0 (-1) | 1,656 (-20%) | 1mo | $240,000 | $145 | 19 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 1.97% rent growth · sell at horizon
- IRR
- 17.6%
- Equity multiple
- 1.70×
- Total profit
- $52,953
- Equity at exit
- $40,258
- IRR
- 25.3%
- Equity multiple
- 3.10×
- Total profit
- $158,734
- Equity at exit
- $23,345
Cash invested: $75,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 83 Strongly Landlord-Friendly
- State Iowa
- 83 Strongly Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 50613
- Rents YoY
- 2.0%
- Active inventory
- 598
- Price-to-rent
- 21.2×
Monthly cashflow live
- Estimated rent
- $4,254 high interval (Pro) →
- Mortgage (P&I)
- −$1,416
- Tax from tax record
- −$246 /mo · $2,946/yr
- Insurance
- −$112
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$893
- Net cashflow
- $1,587
4-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 4× units | 1 | 1 | $4,256 |
| #1 | 1 | 1 | $1,064 |
| #2 | 1 | 1 | $1,064 |
| #3 | 1 | 1 | $1,064 |
| #4 | 1 | 1 | $1,064 |
| Total (4 units) | $4,254 | ||
Break-even live
Sensitivity live
| Price | -10% $1,740 | -5% $1,663 | +0% $1,587 | +5% $1,510 | +10% $1,434 |
|---|---|---|---|---|---|
| Rent | -10% $1,251 | -5% $1,419 | +0% $1,587 | +5% $1,755 | +10% $1,923 |
| Rate | -1.0pp $1,723 | -0.5pp $1,655 | base $1,587 | +0.5pp $1,517 | +1.0pp $1,446 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $67,500
- Closing costs
- $8,100
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 611 W 12th St Apt A Cedar Falls, IA | 1.0 | 1.0 | — | $730 | — | 4d | 1 | 0.09mi |
| 1604 College St Cedar Falls, IA | 2.0 | 1.0 | 993 | $1,300 | $1.31 | 5d | 1 | 0.23mi |
| 721 1/2 Olive St Cedar Falls, IA | 1.0 | 1.0 | — | $625 | — | 116d | 1 | 0.32mi |
| 1012 Clay St Unit 1012 Cedar Falls, IA | 2.0 | 1.0 | 1076 | $1,200 | $1.12 | 5d | 1 | 0.34mi |
| 615 College St Cedar Falls, IA | 2.0 | 2.0 | 936 | $2,000 | $2.14 | 5d | 1 | 0.41mi |
| 820 Clay St Cedar Falls, IA | 2.0 | 2.0 | 1140 | $1,850 | $1.62 | 5d | 1 | 0.41mi |
| 852 Clay St Cedar Falls, IA | 2.0 | 2.5 | 1478 | $2,295 | $1.55 | 5d | 1 | 0.41mi |
| 840 Clay St Cedar Falls, IA | 2.0 | 2.5 | 1478 | $2,295 | $1.55 | 5d | 1 | 0.42mi |
| 828 Clay St Unit 828 Clay Cedar Falls, IA | 2.0 | 2.0 | 1140 | $1,850 | $1.62 | 5d | 1 | 0.42mi |
| 1103 Main St Unit 1 Cedar Falls, IA | 2.0 | 1.0 | — | $1,200 | — | 5d | 1 | 0.43mi |
| 411 W 7th St Cedar Falls, IA | 2.0 | 1.0 | — | $950 | — | 5d | 1 | 0.43mi |
| 1014 Main St Cedar Falls, IA | 2.0 | 1.0 | 1400 | $1,500 | $1.07 | 139d | 1 | 0.47mi |
| 803 W 20th St Unit 4 Cedar Falls, IA | 1.0 | 1.0 | 800 | $750 | $0.94 | 5d | 1 | 0.49mi |
| 1939 College St Cedar Falls, IA | 1.0–2.0 | 1.0 | 811 | $820 | $1.01 | 3d | 2 | 0.50mi |
| 716 Main St Unit 1A Cedar Falls, IA | 1.0 | 1.0 | 625 | $1,370 | $2.19 | 5d | 1 | 0.56mi |
| 1915 Main St Cedar Falls, IA | 2.0 | 1.0 | 960 | $1,050 | $1.09 | 139d | 1 | 0.59mi |
| 2115 Walnut St Unit 2115-3 Cedar Falls, IA | 1.0 | 1.0 | 700 | $750 | $1.07 | 139d | 1 | 0.61mi |
| 2115 Walnut St Unit 2115-1 Cedar Falls, IA | 1.0 | 1.0 | 750 | $815 | $1.09 | 139d | 1 | 0.61mi |
| 421 Washington St Unit 2 Cedar Falls, IA | 2.0 | 1.0 | 1200 | $1,400 | $1.17 | 5d | 1 | 0.61mi |
| 2119 College St Cedar Falls, IA | 4.0 | 1.0–2.0 | 792 | $1,492 | $1.88 | 0d | 12 | 0.62mi |
| 321 Clay St Cedar Falls, IA | 2.0 | 1.0 | 900 | $950 | $1.06 | 0d | 1 | 0.64mi |
| 1612 W 7th St Cedar Falls, IA | 2.0 | 1.5 | 1200 | $1,175 | $0.98 | 5d | 1 | 0.65mi |
| 1123 W 22nd St Cedar Falls, IA | 2.0 | 1.0 | 966 | $850 | $0.88 | 116d | 1 | 0.66mi |
| 1100 Grove St #31 Cedar Falls, IA | 2.0 | 1.0 | 830 | $1,100 | $1.33 | 139d | 1 | 0.67mi |
| 1100 Grove St #2 Cedar Falls, IA | 2.0 | 1.0 | 830 | $1,000 | $1.20 | 139d | 1 | 0.67mi |
| 2221 Olive St Unit 2221-1 Cedar Falls, IA | 1.0 | 1.0 | 825 | $915 | $1.11 | 5d | 1 | 0.69mi |
| 2222 Walnut St Cedar Falls, IA | — | 1.0 | 400 | $750 | $1.88 | 5d | 1 | 0.69mi |
| 1823-1825 Alden Ave Unit 1825 Cedar Falls, IA | 2.0 | 1.0 | 1133 | $1,250 | $1.10 | 139d | 1 | 0.69mi |
| 917 W 23rd St Cedar Falls, IA | — | 1.0 | 462 | $1,090 | $2.36 | 0d | 1 | 0.71mi |
| 119 Tremont St Cedar Falls, IA | 2.0 | 1.0 | 1076 | $1,300 | $1.21 | 5d | 1 | 0.72mi |
| 221 E 5th St #209 Cedar Falls, IA | 2.0 | 2.0 | 1200 | $2,000 | $1.67 | 139d | 1 | 0.72mi |
| 221 E 5th St #309 Cedar Falls, IA | 2.0 | 2.0 | 1115 | $1,650 | $1.48 | 5d | 1 | 0.72mi |
| 1123 W 23rd St Cedar Falls, IA | 2.0 | 1.0 | 800 | $950 | $1.19 | 116d | 1 | 0.73mi |
| 1815 W 18th St Cedar Falls, IA | 1.0–3.0 | 1.0–3.0 | 1065 | $900 | $0.85 | 0d | 4 | 0.75mi |
| 604 W Seerley Blvd Unit B Cedar Falls, IA | 2.0 | 1.0 | 1384 | $850 | $0.61 | 0d | 1 | 0.79mi |
| 201 Main St Unit 6 Cedar Falls, IA | 1.0 | 1.0 | — | $625 | — | 5d | 1 | 0.79mi |
| 2412 Olive St Cedar Falls, IA | 2.0 | 1.0 | 900 | $800 | $0.89 | 139d | 1 | 0.79mi |
| 200 W 1st St Cedar Falls, IA | 1.0–2.0 | 1.0–2.0 | 702 | $1,570 | $2.23 | 0d | 2 | 0.80mi |
| 1209 W 1st St Cedar Falls, IA | 2.0 | 1.0 | 672 | $1,350 | $2.01 | 3d | 1 | 0.82mi |
| 200 State St Cedar Falls, IA | 1.0 | 1.0 | 861 | $1,600 | $1.86 | 139d | 1 | 0.82mi |
Property features AI
Finance
- Other
- Above-grade finished area and below-grade finished area reported
- Financial info
- Reported rents by unit: $750, $850, $775, $750
Exterior
- Parking
- Detached garage4 garage spaces4 additional paved open parking spaces
- Utilities
- Public waterPublic sewer
- Home design
- QuadruplexTwo-story building
- Construction
- Vinyl siding constructionTwo levels
- Exterior features
- Asphalt roofVinyl sidingLot dimensions approximately 78 x 132Zoned R-M
Interior
- Bathrooms
- Each unit has 1 bathroom (four units total)
- Heating & cooling
- Natural gas forced-air heatingWindow air conditioning units
- Interior features
- Quadruplex residential income propertyTwo levels
- Laundry & utility
- No laundry facilities listed
Listing history 50 events
-
2026-09-24days on market $270,000 Active 84 DOM
-
2026-09-22days on market $270,000 Active 83 DOM
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2026-09-21days on market $270,000 Active 82 DOM
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2026-09-20days on market $270,000 Active 81 DOM
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2026-09-19days on market $270,000 Active 80 DOM
-
2026-09-18days on market $270,000 Active 79 DOM
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2026-09-17days on market $270,000 Active 78 DOM
-
2026-09-16days on market $270,000 Active 77 DOM
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2026-09-15days on market $270,000 Active 76 DOM
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2026-09-14days on market $270,000 Active 75 DOM
-
2026-09-13days on market $270,000 Active 74 DOM
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2026-09-12days on market $270,000 Active 73 DOM
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2026-09-11days on market $270,000 Active 72 DOM
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2026-09-05days on market $270,000 Active 66 DOM
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2026-09-04days on market $270,000 Active 65 DOM
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2026-09-03days on market $270,000 Active 64 DOM
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2026-08-31days on market $270,000 Active 61 DOM
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2026-08-30days on market $270,000 Active 60 DOM
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2026-08-29days on market $270,000 Active 59 DOM
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2026-08-28days on market $270,000 Active 58 DOM
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2026-08-27days on market $270,000 Active 57 DOM
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2026-08-26days on market $270,000 Active 56 DOM
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2026-08-25days on market $270,000 Active 55 DOM
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2026-08-24days on market $270,000 Active 54 DOM
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2026-08-23days on market $270,000 Active 53 DOM
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2026-08-22days on market $270,000 Active 52 DOM
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2026-08-21days on market $270,000 Active 51 DOM
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2026-08-20days on market $270,000 Active 50 DOM
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2026-08-19days on market $270,000 Active 49 DOM
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2026-08-18days on market $270,000 Active 48 DOM
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2026-08-17days on market $270,000 Active 47 DOM
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2026-08-16days on market $270,000 Active 46 DOM
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2026-08-15days on market $270,000 Active 45 DOM
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2026-08-14days on market $270,000 Active 44 DOM
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2026-08-13days on market $270,000 Active 43 DOM
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2026-08-12days on market $270,000 Active 42 DOM
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2026-08-11days on market $270,000 Active 41 DOM
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2026-08-10days on market $270,000 Active 40 DOM
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2026-08-09days on market $270,000 Active 39 DOM
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2026-08-08days on market $270,000 Active 38 DOM
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2026-08-07days on market $270,000 Active 37 DOM
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2026-08-06days on market $270,000 Active 36 DOM
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2026-08-05days on market $270,000 Active 35 DOM
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2026-08-04days on market $270,000 Active 34 DOM
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2026-08-03days on market $270,000 Active 33 DOM
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2026-07-31days on market $270,000 Active 30 DOM
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2026-07-30days on market $270,000 Active 29 DOM
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2026-07-29days on market $270,000 Active 28 DOM
-
2026-07-27days on market $270,000 Active 26 DOM
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2026-07-25days on market $270,000 Active 24 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast IA · Partial reset (capped growth)
- Current annual tax
- $2,946 · $246/mo
- Projected year-2 tax
- $3,592 · $299/mo
- Expected delta
- +$646/yr (+$54/mo · 21.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $51,048
- − Mortgage interest
- −$15,124
- − Property taxes
- −$2,946
- − Insurance
- −$1,350
- − Repairs & maintenance
- −$4,084
- − Management
- −$4,084
- − Depreciation
- −$7,855
- Taxable income
- $15,606
- Est. tax owed @ 24.0%
- −$3,745
- After-tax cash flow
- $15,296/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
The property is in fair condition with good roof and exterior. It requires minor repairs to the garage door and sidewalk, and maintenance to paint the exterior and clean gutters. The highest-ROI updates are painting the exterior and replacing the garage door.
Components & finishes AI
Deferred maintenance Est. $2,500–$10,000 screening
- Minor Roof (roof) — No visible signs of damage or wear
- Minor Windows (windows) — No visible signs of damage or wear
- Minor Electrical (electrical) — No visible signs of damage or wear
- Minor Plumbing (plumbing) — No visible signs of damage or wear
- Minor Exterior (exterior) — No visible signs of damage or wear
Repairs flagged
- Minor garage door — Scratches visible
- Minor sidewalk — Cracks visible
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Both Replace garage door — Improves functionality and aesthetics ↑
- Both Repair sidewalk cracks — Enhances safety and curb appeal ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Cedar Falls Community School District
- NCES district ID
- 1906510
- Math proficiency
- 76% ▼ -6.00%
- Reading proficiency
- 79% ▼ -2.00%
- Median HH income
- $53,634
- Composite
- 65.93/100
- National rank
- #443
- State rank
- #45 of 289 in IA
Livability — Cedar Falls
- Score
- 81/100
- State rank
- #60
- US rank
- #1357
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cedar Falls, IA
- County
- Black Hawk County · 139,716 people
- City population
- 43,867
- Metro
- Waterloo-Cedar Falls, IA
- Population (ZIP)
- 43,867
- Household income
- $78,503
- Rent vs Own
- Severe rent burden
- 10% of renters
Population outlook (Black Hawk County) Hauer SSP2
- Today (2025)
- 139,716 people
- By 2030
- 142,853 · +2.2%
- By 2040
- 147,843 · +5.8%
- By 2050
- 153,247 · +9.7%
- By 2075
- 167,977 · +20.2%
- By 2100
- 177,320 · +26.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (90%)
- Race & ethnicity
- White 90% Asian 3% Two or more races 3% Hispanic / Latino 3% Black 1%
- Common ancestry
- Portuguese 6% Italian 3% Iranian 3%
- Foreign-born
- 4% · Canada, South Korea
- Languages at home
- 95% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 1%
Political lean MEDSL · Black Hawk
- 2024 margin
- Toss-up / Even · D 50.0% · R 48.8% · Other 1.2%
- 2008→2024 swing
- -21.3pp toward R · 2008: 22.4pp · 2024: 1.2pp
- All cycles
- 2024: D+1.2 2020: D+9.0 2016: D+7.3 2012: D+20.0 2008: D+22.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -175.51%
- Current HPI
- 169.0591
- Rent YoY
- ▲ 1.97%
- Metro
- Waterloo-Cedar Falls, IA
- State GDP YoY
- ▲ 2.48%
- F500 in state
- 4
Industry mix (Fortune 500 HQ in IA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $16B |
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| Retail / Convenience | 1 | $15B |
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Price history
+130.8% since first listed7 events — show timeline
- 2026-07-01 Listed $270,000 NEIRBR as distributed by MLS GRID
- 2026-04-30 Price Changed $270,000 NEIRBR as distributed by MLS GRID
- 2023-01-30 Sold (Public Records) $230,000 Public Records
- 2023-01-27 Sold (MLS) $230,000 NEIRBR as distributed by MLS GRID
- 2022-12-28 Pending — NEIRBR as distributed by MLS GRID
- 2022-11-04 Listed $249,000 NEIRBR as distributed by MLS GRID
- 2012-12-28 Sold (Public Records) $117,000 Public Records
Property tax history
+3.4%/yrLatest (2025): $2,946 · +2.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…