Real Estate Investing in Lamoni, Iowa (50140)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50140 (Lamoni, IA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lamoni, IA (50140)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50140 Lamoni
In practical terms, ZIP 50140 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $163K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 50140 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From an investor standpoint, 50140 offers a low basis, the region around Lamoni has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
On the rental side, 2,817 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.
The 50140 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 Lamoni:
Market Trends
Home Value History (with trend line)
📊 How Does 50140 Compare?
| Metric | 50140 | Lamoni | Iowa |
|---|---|---|---|
| Home Value | $163,127 | $163,127 | $227,232 |
| 5-Year CAGR | 2.7% | 2.7% | 6.0% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 4.3% | 4.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50140 (Lamoni, IA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 50140 (Lamoni, IA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $163,127 |
| Monthly Rent | $900 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +1.8% ▲ |
🏠 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 (4.3%). 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 50140
Population: 2,817
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 50140
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 should I expect to pay for a home in Lamoni, IA?
Lamoni, IA median home values land near $163K. That is reasonable territory for investors looking at $900/mo-per-month rentals.
How strong are rents in Lamoni, IA?
Rent in Lamoni, IA is around $900/mo. The resulting rent-to-value relationship with $163K pricing is reasonable for most investor models.
Are renters plentiful in Lamoni, IA?
The tenant pool in Lamoni, IA is solid, supported by local employment and population fundamentals. Rents of $900/mo are well-absorbed by the market.
How do experienced investors play Lamoni, IA?
For Lamoni, IA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is it like being a landlord in Lamoni, IA?
The landlord environment in Lamoni, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 50140 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50140 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.
AI Market Advisor
Ask questions about investing in 50140 (Lamoni)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 50140 (Lamoni, IA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.