Real Estate Investing in Thompson, Iowa (50478)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50478 (Thompson, IA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.3% 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 Thompson, IA (50478)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50478 Thompson
Investors eyeing 50478 need to respect the fundamentals at play. Home values of $94K come alongside slower price movement and elevated management overhead.
Meanwhile, the numbers look inviting — $94K purchase price, 0.0% nominal cap — the work to hit that pro forma in 50478 is substantial and deserves full respect.
ZIP 50478's metrics run below Winnebago County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 50478 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Thompson's stable or hybrid ZIPs before stepping into 50478. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Thompson:
Market Trends
Home Value History (with trend line)
📊 How Does 50478 Compare?
| Metric | 50478 | Thompson | Iowa |
|---|---|---|---|
| Home Value | $94,331 | $94,331 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 6.9% | 6.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50478 (Thompson, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $94,331 |
| Monthly Rent | $828 |
| Price-to-Rent | 9.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.5% |
| Cap Rate | 6.9% |
| 5-Year IRR | 2.2% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | -4.7% ▼ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 50478
Population: 689
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
What investment strategy works best in Thompson, IA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Thompson, IA. The numbers - $94K homes against $828/mo rents - support that play.
Are tenants stable in Thompson, IA?
Tenant demand in Thompson, IA is solid. The local workforce $828/mo rents across most rental classes.
Is vacancy a concern in Thompson, IA?
Thompson, IA sees elevated vacancy, which is reasonable relative to the broader IA rental market.
How much should I expect to pay for a home in Thompson, IA?
The median home value in Thompson, IA is roughly $94K. That puts it reasonable relative to the IA statewide average.
How strong is Thompson, IA for real estate investors?
Thompson, IA sits at an investability rating of 3.0/5, with median home values near $94K and average rents around $828/mo. That combination puts it in the sturdy tier for investor interest.
You know 50478 now. You don’t know where it ranks.
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