Real Estate Investing in Monroe, Iowa (50170)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50170 (Monroe, 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.
- High price-to-rent: Price-to-rent ratio 25.8 — 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 Monroe, IA (50170)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50170 Monroe
Not every below-median market is a bargain. Monroe's 50170 ZIP reflects signals that favor experienced operators who can absorb the risk $265K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 50170 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Monroe have seen price recovery that 50170 has not matched. Marion County data supports the view that the spread is structural rather than temporary.
The 50170 ZIP's population of 2,914 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Strategy in 50170 is an operator game, not a passive one. Meanwhile, entry prices of $265K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Monroe:
Property Strategy for 50170
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $188,672 | $950 | 3.6% | +6.1% | $94,336 |
| 3BR | $248,919 | $1,260 | 3.6% | +6.7% | $82,973 |
| 4BR | $300,126 | $1,290 | 3.1% | +7.0% | $75,031 |
Market Trends
Home Value History (with trend line)
📊 How Does 50170 Compare?
| Metric | 50170 | Monroe | Pella, IA | Iowa |
|---|---|---|---|---|
| Home Value | $264,836 | $264,836 | N/A | $227,232 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.0% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 50170 (Monroe, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $264,836 |
| Monthly Rent | $855 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 50170
Population: 2,914
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 50170
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
What is the typical home price in Monroe, IA?
In Monroe, IA the median home value sits at $265K. Against the broader IA market, that reads as reasonable for most investors.
What do landlords charge for rent in Monroe, IA?
Expect rents around $855/mo per month in Monroe, IA. With home values at $265K, the yield math works out to reasonable levels for rental investors.
What kind of tenants rent in Monroe, IA?
Tenant quality in Monroe, IA ranks as solid. Landlords generally report predictable occupancy at market rents of $855/mo.
Can owner-occupants cash flow in Monroe, IA?
Monroe, IA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $265K price point reasonable to enter.
Is rental property easy to operate in Monroe, IA?
Landlord-friendliness in Monroe, IA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 50170 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50170 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 50170 ranks in Pella, IA
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