Is Jasper County, IA good for real estate investing?

Jasper County has an investment score of 64/100, rated as "Buy". The county ranks #269 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Jasper?

The rent-to-price ratio in Jasper County is 4.88% annually, which ranks in the 21th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Jasper?

The median home price in Jasper County is $233,695. This ranks #528 in affordability among all US counties.

Can you cash flow on rental properties in Jasper?

Based on median values with 20% down at current rates, a typical rental in Jasper County would generate negative cash flow of $607/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Jasper County

IowaPopulation: 37,808

/100

Hold

#269 of 1,000 counties

#75 in Iowa (99 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated June 29, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$233,695

Median Home Price

2% above national median

$951/mo

Median Rent

34% below national median

4.88%

Rent-to-Price Ratio

Top 79% nationally

-$607

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Scenario comparison

Same $951/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$175,272	-$301/mo	4.2%	-9.0%
Median typical MLS deal	$233,695	-$607/mo	3.2%	-13.6%
125% of median newer / premium	$292,119	-$914/mo	2.5%	-16.3%

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$233,695

Down Payment (20%)$46,739

Loan Amount$186,956

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$951

Monthly P&I-$1,225

Est. Expenses (35%)-$333

Net Cash Flow-$607/mo

3.2%

Cap Rate (all cash)

-13.6%

Cash-on-Cash Return

4.88%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

64/100

Cash Flow(30%)

43/100

Based on 4.88% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

89/100

Based on 6.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

80/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Strong price appreciation (+6.0% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Below-average rent-to-price ratio (4.88%)
-Negative cash flow at typical financing (-$607/mo)
-Negative leverage (cap rate 3.2% < mortgage rate 6.9%)

Economic Indicators

Population

37,808

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Best for

+Appreciation buyers: YoY growth is meaningfully above the long-run average
+Patient holders willing to accept negative carry for equity gains
+All-cash buyers: removing debt service flips the cap rate to actual yield

Skip if

−You need positive cash flow on day one at typical leverage
−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
LinnIA	66	$228,475	$1,072	5.63%	Buy	View
MadisonIA	65	$328,942	Est. pending	—	Buy	View
CurrentJasperIA	64	$233,695	$951	4.88%	Buy
LeeIA	64	$117,640	Est. pending	—	Buy	View
MonroeIA	63	$164,272	Est. pending	—	Buy	View
ScottIA	63	$233,631	$1,060	5.44%	Buy	View

The Bottom Line

HoldJasper scores well overall, but a typical leveraged buy-and-hold loses $607/mo at current rates. Consider house hacking, value-add, or all-cash; otherwise a worse score with positive cash flow may be the better deal.

Jasper County in Iowa scores 64/100, ranking #269 of 1,000 US counties (top 34%). At 20% down and current rates, a median-priced rental loses about $607/month; the 4.88% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow

$-607/mo

Cap Rate

3.2%

Cash-on-Cash

-13.6%

Related markets

Markets like Jasper with stronger cash flow

Cheaper alternatives to Jasper

Head-to-head comparisons

All counties in Iowa →

Ready to Analyze a Deal in Jasper?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Scenario comparison

Same $951/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$175,272	-$301/mo	4.2%	-9.0%
Median typical MLS deal	$233,695	-$607/mo	3.2%	-13.6%
125% of median newer / premium	$292,119	-$914/mo	2.5%	-16.3%

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$233,695

Down Payment (20%)$46,739

Loan Amount$186,956

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$951

Monthly P&I-$1,225

Est. Expenses (35%)-$333

Net Cash Flow-$607/mo

3.2%

Cap Rate (all cash)

-13.6%

Cash-on-Cash Return

4.88%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

64/100

Cash Flow(30%)

43/100

Based on 4.88% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

89/100

Based on 6.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

80/100

Based on price relative to estimated local incomes.

Who this market fits

Best for

+Appreciation buyers: YoY growth is meaningfully above the long-run average
+Patient holders willing to accept negative carry for equity gains
+All-cash buyers: removing debt service flips the cap rate to actual yield

Skip if

−You need positive cash flow on day one at typical leverage
−You can't tolerate negative leverage (cap rate below mortgage rate today)

County

Verdict

LinnIA

$228,475

$1,072

5.63%

Buy

View

MadisonIA

$328,942

Est. pending

—

Buy

View

CurrentJasperIA

$233,695

$951

4.88%

Buy

LeeIA

$117,640

Est. pending

—

Buy

View

MonroeIA

$164,272

Est. pending

—

Buy

View

ScottIA

$233,631

$1,060

5.44%

Buy

View

The Bottom Line

Monthly Cash Flow

$-607/mo

Cap Rate

3.2%

Cash-on-Cash

-13.6%