Real Estate Investing in Manly, Iowa (50456)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50456 (Manly, 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.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Manly, IA (50456)?
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Market Analysis: 50456 Manly
Investors eyeing 50456 need to respect the fundamentals at play. Home values of $156K come alongside slower price movement and elevated management overhead.
Rent of $828/mo on a $156K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50456 sits below the stated 0.0% once reality is priced in.
In the broader IA picture, 50456 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From an investor standpoint, 1,758 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 50456 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Manly:
Property Strategy for 50456
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $101,903 | $920 | 6.5% | +7.2% | $50,952 |
| 3BR | $156,522 | $1,280 | 5.9% | +7.1% | $52,174 |
| 4BR | $201,038 | $1,360 | 4.9% | +7.0% | $50,259 |
Market Trends
Home Value History (with trend line)
📊 How Does 50456 Compare?
| Metric | 50456 | Manly | Mason City, IA | Iowa |
|---|---|---|---|---|
| Home Value | $155,630 | $155,630 | N/A | $227,232 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.0% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50456 (Manly, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $155,630 |
| Monthly Rent | $828 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (4.2%). 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 50456
Population: 1,758
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 50456
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
How do home values compare in Manly, IA?
In Manly, IA the median home value sits at $156K. Against the broader IA market, that reads as reasonable for most investors.
Is Manly, IA a good market for FHA house hackers?
Manly, IA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $156K price point reasonable to enter.
How deep is the rental pool in Manly, IA?
The tenant pool in Manly, IA is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.
Is Manly, IA landlord-friendly?
IA law landlord-friendly for landlords, and Manly inherits those rules. Investors should still review local ordinances for rental licensing.
What are vacancy rates like in Manly, IA?
Manly, IA sees elevated vacancy, which is reasonable relative to the broader IA rental market.
You know 50456 now. You don’t know where it ranks.
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How 50456 ranks in Mason City, IA
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