Real Estate Investing in Albion, Iowa (50005)
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Should you buy in 50005 (Albion, IA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.4% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Albion, IA (50005)?
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Market Analysis: 50005 Albion
The 50005 ZIP in Albion, IA is a local-operator market. Outside capital chasing a $194K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $194K asset, 50005 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 50005 sits on the difficult end of the IA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
A durable renter share of 15% in 50005 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 50005 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Albion:
Market Trends
Home Value History (with trend line)
📊 How Does 50005 Compare?
| Metric | 50005 | Albion | Marshalltown, IA | Iowa |
|---|---|---|---|---|
| Home Value | $193,913 | $188,723 | N/A | $227,232 |
| 5-Year CAGR | N/A | N/A | N/A | 6.0% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 3.4% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50005 (Albion, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $193,913 |
| Monthly Rent | $837 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +11.1% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 50005
Population: 830
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much is rent in Albion, IA?
Albion, IA rentals go for roughly $837/mo a month. That puts gross yield in solid territory relative to $194K acquisition costs.
Which real estate strategy fits Albion, IA?
The best-fit strategy in Albion, IA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does Albion, IA make sense for an investment property?
With a 2.0/5 investability score, Albion, IA ranks as a solid market for rental property investors. Median prices of $194K and rents of $837/mo drive the underlying numbers.
What is the average home sale price in Albion, IA?
Typical homes in Albion, IA go for around $194K. The 5-year CAGR of 0.0% reliable price movement.
Is vacancy a concern in Albion, IA?
Expect elevated vacancy in Albion, IA. Rents at $837/mo are absorbed by the tenant base without meaningful lag.
You know 50005 now. You don’t know where it ranks.
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How 50005 ranks in Marshalltown, IA
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