Real Estate Investing in Eldon, Iowa

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,221 • Wapello County

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Should you buy in Eldon, IA? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.0% vacancy may signal weakening demand.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $112,038
Avg Monthly Rent $837
ZIP Codes 1

Investing in Eldon Real Estate

Eldon in Iowa is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

The investment case for Eldon is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $837/mo / $112K relationship in Eldon looks subdued once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

The 0% renter share in Eldon masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Eldon, IA. Anonymous, moderated, never written by AI.

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Avg Home Value
$112,038
Avg Monthly Rent
$837
1% Rule
✗ Below
Landlord Friendly (IA)

📉 Market Crash Risk Index

Based on Ottumwa, IA metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
3/3
79%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Ottumwa, IA metro
0
Days to pending
7.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Eldon, IA

Screen every ZIP in Eldon

Filter Eldon’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Eldon, IA

Is real estate in Eldon, IA a good investment right now?

Investors tracking Eldon, IA will find a 3.0/5 rating supported by $112K median home values and $837/mo rents. That profile suits long-term holders targeting consistent returns.

What real estate strategy is ideal for Eldon, IA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Eldon, IA. The numbers - $112K homes against $837/mo rents - support that play.

Are renters plentiful in Eldon, IA?

The tenant pool in Eldon, IA is solid, supported by local employment and population fundamentals. Rents of $837/mo are well-absorbed by the market.

Is Eldon, IA a good market for FHA house hackers?

The house hack math a challenging in Eldon, IA. Owner-occupant buyers benefit from the $837/mo rents and $112K home values.

What monthly rent should investors expect in Eldon, IA?

Rents in Eldon, IA run near $837/mo. Compared with median home prices of $112K that produces solid gross yields for typical rentals.

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