Real Estate Investing in Kellogg, Iowa (50135)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50135 (Kellogg, IA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.2% 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 Kellogg, IA (50135)?
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Market Analysis: 50135 Kellogg
Not every below-median market is a bargain. Kellogg's 50135 ZIP clocks in at signals that favor experienced operators who can absorb the risk $227K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $227K asset, 50135 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 50135 sits on the difficult end of the IA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 50135 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 50135 is an operator game, not a passive one. Put differently, entry prices of $227K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Kellogg:
Property Strategy for 50135
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $165,962 | $970 | 4.2% | +8.7% | $82,981 |
| 3BR | $247,711 | $1,300 | 3.8% | +7.1% | $82,570 |
| 4BR | $274,546 | $1,320 | 3.5% | +8.3% | $68,636 |
Market Trends
Home Value History (with trend line)
📊 How Does 50135 Compare?
| Metric | 50135 | Kellogg | Des Moines-West Des Moines, IA | Iowa |
|---|---|---|---|---|
| Home Value | $227,409 | $227,409 | N/A | $227,232 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.0% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50135 (Kellogg, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,409 |
| Monthly Rent | $873 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.0%). 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 50135
Population: 1,777
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the rental occupancy rate in Kellogg, IA?
Kellogg, IA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strong is tenant demand in Kellogg, IA?
Working renters make up the core of the Kellogg, IA tenant base. The pool is reasonable for investors targeting long-term holds.
What kind of market is Kellogg, IA for investors?
Our data puts Kellogg, IA at 3.0/5 for investability. Home prices of $227K and rents around $873/mo create a solid backdrop for investor activity.
How do home values compare in Kellogg, IA?
Homes in Kellogg, IA typically sell near $227K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
How much do tenants pay in Kellogg, IA?
Rent in Kellogg, IA is around $873/mo. The resulting rent-to-value relationship with $227K pricing is reasonable for most investor models.
You know 50135 now. You don’t know where it ranks.
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How 50135 ranks in Des Moines-West Des Moines, IA
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