Real Estate Investing in Coon Rapids, Iowa (50058)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50058 (Coon Rapids, IA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Coon Rapids, IA (50058)?
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Market Analysis: 50058 Coon Rapids
ZIP 50058 inside Carroll County looks affordable on the surface — median value of $183K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $837/mo on a $183K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50058 sits below the stated 0.0% once reality is priced in.
Within IA, ZIP 50058 trails on several market indicators that neighboring Carroll County submarkets outperform. The gap is real and robust enough to shape underwriting.
In practical terms, 1,885 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 50058 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Coon Rapids:
Property Strategy for 50058
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $129,236 | $930 | 5.2% | +9.1% | $64,618 |
| 3BR | $181,425 | $1,200 | 4.8% | +8.6% | $60,475 |
| 4BR | $206,113 | $1,260 | 4.4% | +8.8% | $51,528 |
Market Trends
Home Value History (with trend line)
📊 How Does 50058 Compare?
| Metric | 50058 | Coon Rapids | Carroll, IA | Iowa |
|---|---|---|---|---|
| Home Value | $183,327 | $183,327 | N/A | $227,232 |
| 5-Year CAGR | 9.1% | 9.1% | N/A | 6.0% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50058 (Coon Rapids, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $183,327 |
| Monthly Rent | $837 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 12.7% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (3.6%). 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 50058
Population: 1,885
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
🎓 Schools in 50058
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What are home prices like in Coon Rapids, IA?
Median home price in Coon Rapids, IA is near $183K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
How qualified is the tenant pool in Coon Rapids, IA?
The tenant pool in Coon Rapids, IA is solid, supported by local employment and population fundamentals. Rents of $837/mo are well-absorbed by the market.
How tight is the rental market in Coon Rapids, IA?
Coon Rapids, IA carries elevated vacancy risk. Expect consistent absorption at market rents of $837/mo.
Can I live-in-and-rent in Coon Rapids, IA?
House hacking in Coon Rapids, IA is a challenging. With home values around $183K and rents at $837/mo, owner-occupants can offset a meaningful share of PITI.
Is IA a landlord-friendly state?
The landlord environment in Coon Rapids, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 50058 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50058 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 50058 ranks in Carroll, IA
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