Real Estate Investing in Farnhamville, Iowa (50538)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50538 (Farnhamville, IA)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
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 Farnhamville, IA (50538)?
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Market Analysis: 50538 Farnhamville
Investors eyeing 50538 need to respect the fundamentals at play. Home values of $128K come alongside slower price movement and elevated management overhead.
The 50538 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader IA picture, 50538 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 50538 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 Farnhamville's stable or hybrid ZIPs before stepping into 50538. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Farnhamville:
Market Trends
Home Value History (with trend line)
📊 How Does 50538 Compare?
| Metric | 50538 | Farnhamville | Iowa |
|---|---|---|---|
| Home Value | $127,656 | $129,932 | $227,232 |
| 5-Year CAGR | 6.5% | 8.4% | 6.0% |
| Avg Rent | $954 | $999 | - |
| Cap Rate | 5.8% | 6.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50538 (Farnhamville, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $127,656 |
| Monthly Rent | $954 |
| Price-to-Rent | 11.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.8% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 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%) exceeds the estimated cap rate (5.8%). 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 50538
Population: 523
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 50538
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.
Frequently Asked Questions
How does Farnhamville, IA rate as a rental market?
Farnhamville, IA registers an investability rating of 3.0/5, with median home values near $128K and average rents around $954/mo. That combination puts it in the resilient tier for investor interest.
How should investors approach Farnhamville, IA?
The best-fit strategy in Farnhamville, IA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How much do tenants pay in Farnhamville, IA?
Rental rates in Farnhamville, IA average $954/mo. Tenant demand and $128K home values make the yield look reasonable by investor standards.
Can I live-in-and-rent in Farnhamville, IA?
House hacking in Farnhamville, IA is reasonable to execute. Prices around $128K and rents of $954/mo solid owner-occupant economics.
How qualified is the tenant pool in Farnhamville, IA?
Tenant quality in Farnhamville, IA ranks as solid. Landlords generally report reliable occupancy at market rents of $954/mo.
You know 50538 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 50538 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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Community Ratings
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