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Iowa

With affordable property values and steady rent growth, Iowa is becoming a popular choice for SFR investors seeking solid cash flow without the competition of larger markets.

Markets like Davenport, Ames, Des Moines, and Cedar Rapids have all seen significant SFR rent growth. Davenport led with a 14.1% YoY increase, raising average rents to $1,597 per month. Ames followed with a 5.2% rise to $1,527, while Des Moines saw a 4.4% increase to $1,625. Cedar Rapids also experienced steady growth, with rents rising 2.4% YoY to $1,358 per month1.

Visio Lending is Iowa’s premier DSCR lender, requiring an MSA or approved exception. SFR investors turn to us for fast, dependable and flexible financing solutions to help them scale their rental portfolios in this growing market.

Sources:

1: Rentometer