Real Estate Investing in Badger, Iowa (50516)

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

Webster County • Population: 684 • Data updated: September 2026

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Should you buy in 50516 (Badger, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ 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 Badger, IA (50516)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $179,785
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $69,844
% Renters 14.5%

Market Analysis: 50516 Badger

Put differently, ZIP 50516 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $180K median. It rewards specialists, not generalists.

Rent of $828/mo on a $180K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50516 sits below the stated 0.0% once reality is priced in.

In the broader IA picture, 50516 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The 50516 ZIP's population of 684 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Badger:

B Good
Buy Confidence Score: 70/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.6× the median income
Value Trend
Rising (+4.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Fort Dodge, IA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fort Dodge, IA metro data

Market Trends

Home Value History (with trend line)

$188K$170K$152K$134K$116K$97KFeb 2017Nov 2021Jul 2026

📊 How Does 50516 Compare?

Metric 50516 Badger Fort Dodge, IA Iowa
Home Value $179,785 $179,785 N/A $227,232
5-Year CAGR 5.6% 5.6% N/A 6.0%
Avg Rent $828 $828 N/A -
Cap Rate 3.6% 3.6% - -
💡 Why Invest in 50516? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 50516 (Badger, IA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+5.6%
Moderate

📉 Market Crash Risk Index

Based on Fort Dodge, IA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $179,785
Monthly Rent $828
Price-to-Rent 18.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year +4.3% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR +5.6% ▲
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: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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
3.1%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 50516

Population: 684

💰 Median Household Income
$69,844
This area
$69,844
State
$71,886
USA
$74,580
🏠 Renter Occupied
14.5%
This area
14.5%
State
19.7%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
0.0%
USA
3.7%
🎓 College Educated
23.4%
This area
23.4%
State
18.8%
USA
33.7%
👤 Median Age
43.6 years
This area
43.6 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.1%
This area
3.1%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 98.7%
Asian 0.7%
Hispanic/Latino 0.3%
Black/African American 0.3%
Other/Mixed 0.3%
👶 Under 18
21.2%
This area
21.2%
USA
22.0%
👴 65 and Over
24.2%
This area
24.2%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
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

🎓 Nearby Colleges & Universities

2 Nearby 1,399 Off-Campus Students
C+
La James International College-Ft Dodge
20 students · 8.8 mi
C
Iowa Central Community College
4,909 students · 10.0 mi

Investor Insight: With 1,399 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How do home values compare in Badger, IA?

Homes in Badger, IA typically sell near $180K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

Can I house hack in Badger, IA?

Badger, IA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $828/mo rent level.

Do rentals sit vacant long in Badger, IA?

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

What do rentals go for in Badger, IA?

Rental rates in Badger, IA average $828/mo. Tenant demand and $180K home values make the yield look reasonable by investor standards.

Is Badger, IA a friendly market for rental owners?

For rental operators, Badger, IA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

You know 50516 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 50516 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.

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How 50516 ranks in Fort Dodge, IA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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