Real Estate Investing in Hamilton, Iowa (50116)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50116 (Hamilton, 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.
- Elevated vacancy: 9.8% vacancy may signal weakening demand.
• 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 Hamilton, IA (50116)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50116 Hamilton
ZIP 50116 inside Marion looks affordable on the surface — median value of $186K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 50116 can be a a viable market for hunting ground — but the discount at $186K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 50116 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A substantial renter share of 5% in 50116 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 50116 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 Hamilton:
Market Trends
Home Value History (with trend line)
📊 How Does 50116 Compare?
| Metric | 50116 | Hamilton | Iowa |
|---|---|---|---|
| Home Value | $186,166 | $186,166 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 3.5% | 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 50116 (Hamilton, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $186,166 |
| Monthly Rent | $837 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 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 (3.5%). 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 50116
Population: 185
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
Frequently Asked Questions
What is the rental occupancy rate in Hamilton, IA?
Occupancy in Hamilton, IA runs measured with elevated vacancy. Well-priced units at $837/mo lease on reasonable timelines.
What do rentals go for in Hamilton, IA?
Rental rates in Hamilton, IA average $837/mo. Tenant demand and $186K home values make the yield look reasonable by investor standards.
Are eviction rules reasonable in Hamilton, IA?
For rental operators, Hamilton, IA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Does house hacking make sense in Hamilton, IA?
House hacking in Hamilton, IA is reasonable to execute. Prices around $186K and rents of $837/mo solid owner-occupant economics.
Does Hamilton, IA make sense for an investment property?
With a 2.0/5 investability score, Hamilton, IA ranks as a solid market for rental property investors. Median prices of $186K and rents of $837/mo drive the underlying numbers.
You know 50116 now. You don’t know where it ranks.
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