Real Estate Investing in Klemme, Iowa (50449)

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

Hancock County • Population: 816 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 50449 (Klemme, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GREAT FIT
Grade A (100/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 For Investors
GOOD
4.0 / 5 (66/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• 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 Klemme, IA (50449)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
4.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $116,627
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $63,000
% Renters 25.1%

Market Analysis: 50449 Klemme

This part of Hancock County is not an easy win. The 50449 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

On the rental side, the numbers look inviting — $117K purchase price, 0.0% nominal cap — the work to hit that pro forma in 50449 is substantial and deserves full respect.

Statewide comparisons place 50449 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A healthy renter share of 25% in 50449 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The right play in 50449 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Klemme:

B+ Great
Buy Confidence Score: 80/100
Affordability
25/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.9× the median income
Value Trend
Rising (+10.8%)
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: This area shows favorable conditions for homebuyers. Solid fundamentals with reasonable affordability.

Market Trends

Home Value History (with trend line)

$123K$108K$94K$79K$64K$50KFeb 2019Nov 2022Jul 2026

📊 How Does 50449 Compare?

Metric 50449 Klemme Iowa
Home Value $116,627 $116,627 $227,232
5-Year CAGR 10.8% 10.8% 6.0%
Avg Rent $828 $828 -
Cap Rate 5.5% 5.5% -
💡 Why Invest in 50449? Click to expand

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 50449 (Klemme, IA). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 50449 (Klemme, IA)?

~25 seconds · no account needed · your report is anonymous

Investability
Excellent
Cap Rate
5.5%
Fair
5yr Growth
+10.8%
Strong

📊 Market Snapshot

Home Value $116,627
Monthly Rent $828
Price-to-Rent 11.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.5%
Cap Rate 5.5%
5-Year IRR 16.3%

📈 Home Appreciation

1-Year +10.8% ▲
3-Year CAGR +7.2% ▲
5-Year CAGR +10.8% ▲
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: 5.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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.

Vacancy
5.0%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+10.8%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 50449

Population: 816

💰 Median Household Income
$63,000
This area
$63,000
State
$71,886
USA
$74,580
🏠 Renter Occupied
25.1%
This area
25.1%
State
19.7%
USA
34.0%
💼 Unemployment Rate
1.4%
This area
1.4%
State
0.0%
USA
3.7%
🎓 College Educated
8.2%
This area
8.2%
State
18.8%
USA
33.7%
👤 Median Age
37.3 years
This area
37.3 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
5.0%
This area
5.0%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 99.2%
Other/Mixed 0.8%
Hispanic/Latino 0.3%
👶 Under 18
22.7%
This area
22.7%
USA
22.0%
👴 65 and Over
12.1%
This area
12.1%
USA
17.3%
📊 Poverty Rate
6.0%
This area
6.0%
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 Klemme, IA suited for a house hack?

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

Is vacancy a concern in Klemme, IA?

Expect elevated vacancy in Klemme, IA. Rents at $828/mo are absorbed by the tenant base without meaningful lag.

What is the renter demographic in Klemme, IA?

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

How much do tenants pay in Klemme, IA?

Rent in Klemme, IA is around $828/mo. The resulting rent-to-value relationship with $117K pricing is reasonable for most investor models.

How strict are landlord regulations in Klemme, IA?

Klemme, IA operates under IA law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.

You know 50449 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 50449 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.

Compare Plans
🤖

AI Market Advisor

Ask questions about investing in 50449 (Klemme)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 50449 (Klemme, IA).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.