Real Estate Investing in Plymouth, Iowa (50464)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50464 (Plymouth, 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.
- High vacancy: 19.3% of homes vacant — above national norms.
• 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 Plymouth, IA (50464)?
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Market Analysis: 50464 Plymouth
The 50464 ZIP in Plymouth, IA is a local-operator market. Outside capital chasing a $197K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 50464 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 50464 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
In practical terms, 573 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 50464 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Plymouth:
Market Trends
Home Value History (with trend line)
📊 How Does 50464 Compare?
| Metric | 50464 | Plymouth | Mason City, IA | Iowa |
|---|---|---|---|---|
| Home Value | $197,040 | $197,040 | N/A | $227,232 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 6.0% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50464 (Plymouth, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $197,040 |
| Monthly Rent | $999 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 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 (4.0%). 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 50464
Population: 573
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are landlord laws favorable in Plymouth, IA?
Plymouth, IA operates under IA law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
What strategy should investors use in Plymouth, IA?
Investors usually favor careful cash-flow rentals with hands-on management in Plymouth, IA. With home values at $197K and rents near $999/mo, other strategies can work but produce reliable rather than outsized returns.
How deep is the rental pool in Plymouth, IA?
The tenant pool in Plymouth, IA is solid, supported by local employment and population fundamentals. Rents of $999/mo are well-absorbed by the market.
How does Plymouth, IA rate as a rental market?
Plymouth, IA scores 3.0/5 for investability. Home values sit at $197K and rents near $999/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is housing expensive in Plymouth, IA?
Plymouth, IA median home values land near $197K. That is reasonable territory for investors looking at $999/mo-per-month rentals.
You know 50464 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50464 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.
How 50464 ranks in Mason City, IA
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