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2026 State DSCR & Cap-Rate Intelligence Report ยท Iowa (IA) ยท leadslikecrazy.com

Iowa (IA) Rental Property DSCR, Tax & Cap-Rate Benchmark Report

Iowa Executive Underwriting Summary: Across 11 tracked Iowa investment markets, 1โ€“4 unit rental properties average $235,000 in acquisition price against $1,920/month in Form 1007 market rent (9.80% gross rental yield) and $1,150/door/month on 5โ€“25 unit multifamily assets. Investors underwriting Iowa DSCR loans must factor a 1.52% effective property tax rate (~$3,572/yr), $590/$100k hazard insurance (~$1,387/yr), and a Judicial (or Non-Judicial Voluntary Commercial) statutory framework (160โ€“220 days typical timeline).
1โ€“4u Base Price / Rent
$235,000 / $1,920
Gross Rental Yield
9.80% Annual
Tax & Hazard Escrow
1.52% Tax ยท $590/100k
Foreclosure & Timeline
Judicial (or Non-Judicial Voluntary Commercial) (160โ€“220 days)

Iowa City-by-City DSCR, Tax & Multifamily Benchmark Table (11 Markets)

City & CountyPopulation1โ€“4u Median PriceForm 1007 Median RentTax RateCity Desk
Des Moines, IA (POLK County County)226,186$240,000$2,000/mo1.4%Open Des Moines Hub โ†’
Cedar Rapids, IA (LINN County County)139,988$225,000$1,800/mo1.49%Open Cedar Rapids Hub โ†’
Davenport, IA (SCOTT County County)111,351$235,000$1,900/mo1.61%Open Davenport Hub โ†’
Sioux City, IA (WOODBURY County County)89,880$225,000$1,850/mo1.52%Open Sioux City Hub โ†’
Iowa City, IA (JOHNSON County County)78,034$220,000$1,800/mo1.46%Open Iowa City Hub โ†’
Waterloo, IA (BLACK HAWK County County)74,519$240,000$1,950/mo1.52%Open Waterloo Hub โ†’
Council Bluffs, IA (POTTAWATTAMIE County County)67,546$235,000$1,900/mo1.64%Open Council Bluffs Hub โ†’
Ames, IA (STORY County County)67,353$210,000$1,750/mo1.52%Open Ames Hub โ†’
West Des Moines, IA (POLK County County)66,768$210,000$1,750/mo1.52%Open West Des Moines Hub โ†’
Dubuque, IA (DUBUQUE County County)63,496$215,000$1,800/mo1.43%Open Dubuque Hub โ†’
Ankeny, IA (POLK County County)56,208$240,000$1,950/mo1.55%Open Ankeny Hub โ†’

Related Iowa Underwriting & Deal Team Hubs

Iowa (IA) 2026 DSCR, Cap Rate & Rental Market Intelligence Report | leadslikecrazy.com