RentalCalcs
ToolsMarket MapMy DealsPricingBlog
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Top Markets

  • Maricopa County, AZ
  • Harris County, TX
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Cook County, IL
  • Tarrant County, TX
  • Wayne County, MI
  • Orange County, CA
  • Browse All Markets →

Support

  • Contact Support
  • My Tickets

Legal

  • Terms of Service
  • Privacy Policy

© 2026 RentalCalcs. All rights reserved.

Market MapSpirit Lake, IA
Metropolitan Area

Spirit Lake, IA

Iowa0
56
/100
Hold
#617 of 894 metros
Top 69% nationally for investing

Market Snapshot

$385,260
Median Home Price
51% above national median
$22,730/mo
Est. Rent
Based on regional data
5.90%
Rent-to-Price Ratio
Estimated from price data
-$2,020
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
56/100
56
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
68/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
47/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$2,020/mo)
  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)

Counties in Spirit Lake, IA

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Arkadelphia, AR
Arkadelphia, AR
76$165,028Est.Strong BuyView
Borger, TX
Borger, TX
76$125,351$1,0009.57%Strong BuyView
Marietta, OH
Marietta, OH
76$187,264$1,2508.01%Strong BuyView
Fremont, OH
Fremont, OH
76$190,301Est.Strong BuyView
Bartlesville, OK
Bartlesville, OK
76$184,820$1,2107.86%Strong BuyView
Current
Spirit Lake, IA
56$385,260Est.Hold

The Bottom Line

HoldSpirit Lake, IA is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Spirit Lake, IA metro area scores 56/100, ranking #617 of 894 US metros (top 69%). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-2,020/mo
Cap Rate
0.0%
Cash-on-Cash
-31.5%

Ready to Invest in Spirit Lake, IA?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets