Real Estate Investing in Murray, Iowa (50174)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50174 (Murray, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Murray, IA (50174)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50174 Murray
ZIP 50174 inside Clarke County looks affordable on the surface — median value of $175K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $873/mo on a $175K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50174 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 50174 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A robust renter share of 14% in 50174 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 50174 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 Murray:
Property Strategy for 50174
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $105,054 | $970 | 6.6% | — | $52,527 |
| 3BR | $185,807 | $1,290 | 5.0% | — | $61,936 |
| 4BR | $212,050 | $1,300 | 4.4% | — | $53,012 |
Market Trends
Home Value History (with trend line)
📊 How Does 50174 Compare?
| Metric | 50174 | Murray | Iowa |
|---|---|---|---|
| Home Value | $174,875 | $174,875 | $227,232 |
| 5-Year CAGR | 6.3% | 6.3% | 6.0% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.9% | 3.9% | - |
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 50174 (Murray, IA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 50174 (Murray, IA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $174,875 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (3.9%). 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 50174
Population: 1,312
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 50174
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.
Frequently Asked Questions
Is it easy to find good tenants in Murray, IA?
Tenant demand in Murray, IA is solid. The local workforce $873/mo rents across most rental classes.
Is Murray, IA landlord-friendly?
IA law landlord-friendly for landlords, and Murray inherits those rules. Investors should still review local ordinances for rental licensing.
Do rentals sit vacant long in Murray, IA?
Expect elevated vacancy in Murray, IA. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
What is the typical rental rate in Murray, IA?
The typical rental in Murray, IA commands about $873/mo monthly. That rent profile even-keeled cash flow against the $175K purchase basis.
How much should I expect to pay for a home in Murray, IA?
Expect median prices around $175K in Murray, IA. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
You know 50174 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50174 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 50174 (Murray)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 50174 (Murray, IA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.