Real Estate Investing in Goldfield, Iowa (50542)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50542 (Goldfield, IA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.2% 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 Goldfield, IA (50542)?
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Market Analysis: 50542 Goldfield
Investors eyeing 50542 need to respect the fundamentals at play. Home values of $141K come alongside slower price movement and elevated management overhead.
Looking more closely, the numbers look inviting — $141K purchase price, 0.0% nominal cap — the work to hit that pro forma in 50542 is substantial and deserves full respect.
The gap between 50542 and stronger Goldfield ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 50542 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Goldfield's stable or hybrid ZIPs before stepping into 50542. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Goldfield:
Market Trends
Home Value History (with trend line)
📊 How Does 50542 Compare?
| Metric | 50542 | Goldfield | Iowa |
|---|---|---|---|
| Home Value | $141,076 | $141,076 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.7% | 4.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50542 (Goldfield, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $141,076 |
| Monthly Rent | $846 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 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%) exceeds the estimated cap rate (4.7%). 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 50542
Population: 873
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
Frequently Asked Questions
Is it easy to find good tenants in Goldfield, IA?
Tenant demand in Goldfield, IA is solid. The local workforce $846/mo rents across most rental classes.
Is Goldfield, IA a good place for real estate investing?
Goldfield, IA reports an investability rating of 2.0/5, with median home values near $141K and average rents around $846/mo. That combination puts it in the impressive tier for investor interest.
How expensive is real estate in Goldfield, IA?
Median home price in Goldfield, IA is near $141K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Are landlord laws favorable in Goldfield, IA?
Rental owners in Goldfield, IA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Can owner-occupants cash flow in Goldfield, IA?
Goldfield, IA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $141K price point reasonable to enter.
You know 50542 now. You don’t know where it ranks.
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