Real Estate Investing in Hartford, Iowa (50118)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50118 (Hartford, 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: 8.4% 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 Hartford, IA (50118)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50118 Hartford
This part of Warren County is not an easy win. The 50118 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,242/mo on a $238K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50118 sits below the stated 0.0% once reality is priced in.
Within IA, ZIP 50118 trails on several market indicators that neighboring Warren County submarkets outperform. The gap is real and notable enough to shape underwriting.
The 50118 ZIP's population of 989 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
New investors are better served looking at Hartford's stable or hybrid ZIPs before stepping into 50118. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hartford:
Market Trends
Home Value History (with trend line)
📊 How Does 50118 Compare?
| Metric | 50118 | Hartford | Des Moines-West Des Moines, IA | Iowa |
|---|---|---|---|---|
| Home Value | $238,226 | $238,226 | N/A | $227,232 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.0% |
| Avg Rent | $1,242 | $1,242 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50118 (Hartford, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $238,226 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 16.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 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 (4.1%). 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 50118
Population: 989
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 50118
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 expensive is real estate in Hartford, IA?
The median home value in Hartford, IA is roughly $238K. That puts it reasonable relative to the IA statewide average.
How does Hartford, IA rate as a rental market?
Hartford, IA rates 3.0/5 for investability. With median values at $238K and rents near $1,242/mo, the market offers reasonable fundamentals for rental investors.
Does Hartford, IA favor landlords or tenants?
Hartford, IA operates under IA law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
What is the typical rental rate in Hartford, IA?
Investors in Hartford, IA typically see rents near $1,242/mo per month against $238K home values - a solid setup for rental cash flow.
How deep is the rental pool in Hartford, IA?
Expect a solid tenant pool in Hartford, IA. The rental market absorbs $1,242/mo rents without meaningful friction.
You know 50118 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50118 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 50118 ranks in Des Moines-West Des Moines, IA
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