Real Estate Investing in Gilman, Iowa (50106)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50106 (Gilman, 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 price-to-rent: Price-to-rent ratio 26.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gilman, IA (50106)?
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Market Analysis: 50106 Gilman
Investors eyeing 50106 need to respect the fundamentals at play. Home values of $261K come alongside slower price movement and elevated management overhead.
Rent of $828/mo on a $261K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50106 sits below the stated 0.0% once reality is priced in.
On balance, 50106 offers a low basis, the region around Gilman has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 50106 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 50106 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Gilman:
Market Trends
Home Value History (with trend line)
📊 How Does 50106 Compare?
| Metric | 50106 | Gilman | Marshalltown, IA | Iowa |
|---|---|---|---|---|
| Home Value | $261,190 | $261,190 | N/A | $227,232 |
| 5-Year CAGR | N/A | N/A | N/A | 6.0% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50106 (Gilman, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $261,190 |
| Monthly Rent | $828 |
| Price-to-Rent | 26.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +12.2% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 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 (2.5%). 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 50106
Population: 1,121
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 50106
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much does a house cost in Gilman, IA?
Homes in Gilman, IA typically sell near $261K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
How does Gilman, IA stack up for property investment?
Gilman, IA comes in at an investability rating of 2.0/5, with median home values near $261K and average rents around $828/mo. That combination puts it in the sturdy tier for investor interest.
How qualified is the tenant pool in Gilman, IA?
The tenant pool in Gilman, IA is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.
Does house hacking make sense in Gilman, IA?
House hacking works a challenging in Gilman, IA. Rents of $828/mo against $261K acquisition make the strategy solid for owner-occupants.
How strict are landlord regulations in Gilman, IA?
Gilman, IA operates under IA law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 50106 now. You don’t know where it ranks.
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