Real Estate Investing in Winterset, Iowa (50273)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50273 (Winterset, IA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 Winterset, IA (50273)?
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Market Analysis: 50273 Winterset
From an investor standpoint, ZIP 50273 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $300K median. It rewards specialists, not generalists.
For an experienced owner, 50273 can be a a viable market for hunting ground — but the discount at $300K reflects genuine risk that outside investors often underestimate.
On balance, 50273 offers a low basis, the region around Winterset has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 50273 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Winterset:
Property Strategy for 50273
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $206,008 | $1,240 | 4.3% | +6.2% | $103,004 |
| 3BR | $278,070 | $1,690 | 4.4% | +5.9% | $92,690 |
| 4BR | $381,528 | $1,730 | 3.3% | +6.7% | $95,382 |
| 5BR | $487,969 | — | — | +6.8% | $97,594 |
Market Trends
Home Value History (with trend line)
📊 How Does 50273 Compare?
| Metric | 50273 | Winterset | Des Moines-West Des Moines, IA | Iowa |
|---|---|---|---|---|
| Home Value | $299,825 | $299,825 | N/A | $227,232 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 6.0% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50273 (Winterset, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $299,825 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.9%). 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 50273
Population: 9,123
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 50273
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 Winterset, IA a good place for real estate investing?
Winterset, IA registers an investability rating of 3.0/5, with median home values near $300K and average rents around $1,116/mo. That combination puts it in the notable tier for investor interest.
What is the average monthly rent in Winterset, IA?
Expect rents around $1,116/mo per month in Winterset, IA. With home values at $300K, the yield math works out to reasonable levels for rental investors.
How tight is the rental market in Winterset, IA?
Winterset, IA carries elevated vacancy risk. Expect steady absorption at market rents of $1,116/mo.
What is the smart move for investors in Winterset, IA?
Most investors in Winterset, IA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How qualified is the tenant pool in Winterset, IA?
The tenant pool in Winterset, IA is solid, supported by local employment and population fundamentals. Rents of $1,116/mo are well-absorbed by the market.
You know 50273 now. You don’t know where it ranks.
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How 50273 ranks in Des Moines-West Des Moines, IA
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