Best ZIP Codes for Cash Flow in Waterloo-Cedar Falls, IA (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 50703 | Waterloo, IA | $96,645 | $898 | 7.24% | 4.1% |
| 2 | 50627 | Eldora, IA | $132,085 | $828 | 4.89% | 5.4% |
| 3 | 50702 | Waterloo, IA | $151,571 | $888 | 4.57% | 5.1% |
| 4 | 50601 | Ackley, IA | $146,219 | $828 | 4.42% | 4.8% |
| 5 | 50707 | Evansdale, IA | $159,101 | $900 | 4.41% | 5.6% |
| 6 | 50701 | Waterloo, IA | $189,957 | $1,013 | 4.16% | 5.2% |
| 7 | 50642 | Holland, IA | $216,343 | $1,107 | 3.99% | 6.4% |
| 8 | 50680 | Wellsburg, IA | $166,174 | $828 | 3.89% | 6.5% |
| 9 | 50676 | Tripoli, IA | $177,449 | $828 | 3.64% | 5.3% |
| 10 | 50613 | Cedar Falls, IA | $271,404 | $1,251 | 3.60% | 5.7% |
| 11 | 50604 | Ackley, IA | $186,458 | $828 | 3.46% | 6.7% |
| 12 | 50674 | Sumner, IA | $214,134 | $900 | 3.28% | 6.4% |
| 13 | 50638 | Grundy Center, IA | $198,541 | $828 | 3.25% | 5.5% |
| 14 | 50630 | Fredericksburg, IA | $213,054 | $855 | 3.13% | — |
| 15 | 50634 | Gilbertville, IA | $219,129 | $828 | 2.95% | 5.5% |
| 16 | 50609 | Beaman, IA | $220,681 | $828 | 2.93% | 7.9% |
| 17 | 50660 | New Hartford, IA | $241,158 | $900 | 2.91% | 5.8% |
| 18 | 50667 | Raymond, IA | $247,609 | $918 | 2.89% | 5.4% |
| 19 | 50668 | Readlyn, IA | $226,556 | $828 | 2.85% | 6.0% |
| 20 | 50643 | Hudson, IA | $284,419 | $1,035 | 2.84% | 5.4% |
| 21 | 50666 | Plainfield, IA | $227,564 | $828 | 2.84% | 6.6% |
| 22 | 50651 | La Porte City, IA | $242,905 | $855 | 2.75% | 6.0% |
| 23 | 50626 | Dunkerton, IA | $242,510 | $828 | 2.66% | 6.2% |
| 24 | 50677 | Waverly, IA | $283,732 | $954 | 2.62% | 6.1% |
| 25 | 50648 | Jesup, IA | $274,204 | $882 | 2.51% | 6.0% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Waterloo-Cedar Falls, IA · Affordable in Waterloo-Cedar Falls, IA
Or see the full Waterloo-Cedar Falls, IA metro profile.