Real Estate Investing in Mount Pleasant, Iowa

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

1 ZIP codes • Population: 12,796 • Henry County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

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: 11.3% vacancy may signal weakening demand.

What’s happening in Mount Pleasant, IA?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.2% 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 $200,294
Avg Monthly Rent $864
ZIP Codes 1

Investing in Mount Pleasant Real Estate

Mount Pleasant (Iowa) spans 1 ZIPs and roughly a sizable population. unambiguously the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

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

Rents in Mount Pleasant at $864/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Distressed-leaning demographics in Mount Pleasant — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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 Mount Pleasant, IA. Anonymous, moderated, never written by AI.

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Avg Home Value
$200,294
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (IA)

ZIP Codes in Mount Pleasant, IA

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Filter Mount Pleasant’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 Mount Pleasant, IA

Does a duplex house hack pencil in Mount Pleasant, IA?

For house hackers, Mount Pleasant, IA is a challenging. The $864/mo rent on a unit helps defray the mortgage on a $200K property.

What kind of market is Mount Pleasant, IA for investors?

Our data puts Mount Pleasant, IA at 3.0/5 for investability. Home prices of $200K and rents around $864/mo create a solid backdrop for investor activity.

What price range are homes in Mount Pleasant, IA?

The median home value in Mount Pleasant, IA is roughly $200K. That puts it reasonable relative to the IA statewide average.

What do rentals go for in Mount Pleasant, IA?

Average rent in Mount Pleasant, IA is approximately $864/mo per month. Against $200K home values that yields a reasonable rent-to-price ratio.

How strong is the working-renter base in Mount Pleasant, IA?

Tenant demand in Mount Pleasant, IA is solid. The local workforce $864/mo rents across most rental classes.

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