Cedar Rapids, IA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,165
Monthly Cash Flow
-$255
Principal + Equity
$912
Annual Total Gain
$7,879
Cash on Cash
-5.97%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Cities to Retire in America
#100out of 229 markets
Best Cities to Buy a House in America
#17out of 229 markets
Cities with the Lowest Cost of Living in America
#31out of 229 markets
B-
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Cedar Rapids, IA.
As of now, Cedar Rapids, IA does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations that may occur in the future.
Investors should stay informed about any proposed ordinances or regulations that may impact their ability to operate a short term rental property in Cedar Rapids. This includes keeping up to date with any changes in zoning laws, occupancy limits, licensing requirements, and tax regulations related to STRs.
Additionally, investors should be aware of any homeowner association rules or restrictions that may prohibit or limit short term rentals in certain neighborhoods or developments.
It is recommended that investors consult with a local real estate attorney or property management company to ensure they are in compliance with any existing or future regulations related to short term rentals in Cedar Rapids. By staying informed and proactive, investors can mitigate any potential risks and ensure a successful investment in the STR market in Cedar Rapids.
Market Trends Over Time
Explore 25 years of market data for Cedar Rapids, IA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Cedar Rapids, IA.
The LTR Genie Score of Cedar Rapids, IA is 50 and STR Genie Score is 56, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability being low suggests that the market may not be as favorable for long-term rentals compared to short-term rentals. The STR Genie Score being slightly higher than the LTR Genie Score could indicate that short-term rentals may offer better returns in Cedar Rapids.
Cedar Rapids, IA is known for its diverse economy, with a strong presence of industries such as healthcare, manufacturing, and education. The city also boasts a stable housing market and a growing population, making it an attractive location for real estate investors.
Based on the metrics provided, Cedar Rapids, IA could be a suitable market for short-term rental investments due to the higher STR Net ROI and occupancy rate. However, investors should also consider the 1-year price appreciation forecast and LTR Net ROI when making their decision. It may be beneficial to explore a combination of both long-term and short-term rental strategies to maximize returns in this market.
LTR Genie Score 93
$159,000
🛏 4 Beds🛁 2.0000 Baths🏙 1,588 sqft.🏠 SINGLE FAMILY
