Real Estate Investing in Goodell, Iowa (50439)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hancock County • Population: 392 • Data updated: September 2026

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Should you buy in 50439 (Goodell, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.3% vacancy may signal weakening demand.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Goodell, IA (50439)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $113,624
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $69,500
% Renters 11.1%

Market Analysis: 50439 Goodell

The 50439 ZIP covers a section of Goodell that demands careful diligence. Prices near $114K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 50439 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Statewide comparisons place 50439 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Demographically, 50439 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Strategically, 50439 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Goodell:

B Good
Buy Confidence Score: 73/100
Affordability
25/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.6× the median income
Value Trend
Rising (+4.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$119K$108K$97K$86K$75K$64KFeb 2019Nov 2022Jul 2026

📊 How Does 50439 Compare?

Metric 50439 Goodell Iowa
Home Value $113,624 $113,624 $227,232
5-Year CAGR 5.0% 5.0% 6.0%
Avg Rent $828 $828 -
Cap Rate 5.7% 5.7% -
💡 Why Invest in 50439? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 50439 (Goodell, IA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.7%
Fair
5yr Growth
+5.0%
Moderate

📊 Market Snapshot

Home Value $113,624
Monthly Rent $828
Price-to-Rent 11.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.7%
Cap Rate 5.7%
5-Year IRR 10.6%

📈 Home Appreciation

1-Year +4.6% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +5.0% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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.

Vacancy
11.3%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.0%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 50439

Population: 392

💰 Median Household Income
$69,500
This area
$69,500
State
$71,886
USA
$74,580
🏠 Renter Occupied
11.1%
This area
11.1%
State
19.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
0.0%
USA
3.7%
🎓 College Educated
14.4%
This area
14.4%
State
18.8%
USA
33.7%
👤 Median Age
37.2 years
This area
37.2 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
11.3%
This area
11.3%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 97.9%
Hispanic/Latino 2.1%
Other/Mixed 2.1%
👶 Under 18
32.9%
This area
32.9%
USA
22.0%
👴 65 and Over
12.9%
This area
12.9%
USA
17.3%
📊 Poverty Rate
4.0%
This area
4.0%
USA
11.5%

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

Frequently Asked Questions

Is Goodell in IA worth investing in?

Investors tracking Goodell, IA will find a 3.0/5 rating supported by $114K median home values and $828/mo rents. That profile suits long-term holders targeting even-keeled returns.

What is the average monthly rent in Goodell, IA?

Rent in Goodell, IA is around $828/mo. The resulting rent-to-value relationship with $114K pricing is reasonable for most investor models.

What is the renter demographic in Goodell, IA?

Goodell, IA offers a measured renter base at the $828/mo rent level. Tenant turnover is reasonable for well-managed properties.

What does house hacking look like in Goodell, IA?

The a challenging house-hack environment in Goodell, IA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Should investors worry about vacancy in Goodell, IA?

Goodell, IA sees elevated vacancy, which is reasonable relative to the broader IA rental market.

You know 50439 now. You don’t know where it ranks.

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