Real Estate Investing in Swea City, Iowa (50590)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50590 (Swea City, 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: 15.0% 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 Swea City, IA (50590)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50590 Swea City
ZIP 50590 inside Kossuth County looks affordable on the surface — median value of $108K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $108K asset, 50590 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 50590 sits on the difficult end of the IA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 50590 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
appears 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.
Here's what matters if you're considering buying a home in Swea City:
Market Trends
Home Value History (with trend line)
📊 How Does 50590 Compare?
| Metric | 50590 | Swea City | Iowa |
|---|---|---|---|
| Home Value | $108,180 | $131,372 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $828 | $846 | - |
| Cap Rate | 6.0% | 5.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50590 (Swea City, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $108,180 |
| Monthly Rent | $828 |
| Price-to-Rent | 10.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.2% |
| Cap Rate | 6.0% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 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 (6.0%). 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 50590
Population: 736
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 50590
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
What is the median home value in Swea City, IA?
Typical homes in Swea City, IA go for around $108K. The 5-year CAGR of 0.0% predictable price movement.
Are renters plentiful in Swea City, IA?
Swea City, IA draws a consistent base of working renters. Demand at the $828/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Swea City, IA?
IA ranks as a landlord-friendly state for landlord-tenant law. Swea City generally follows the statewide framework, so landlords face reasonable operating rules.
Does a duplex house hack pencil in Swea City, IA?
For house hackers, Swea City, IA is a challenging. The $828/mo rent on a unit helps defray the mortgage on a $108K property.
What do rentals go for in Swea City, IA?
Average rent in Swea City, IA is approximately $828/mo per month. Against $108K home values that yields a reasonable rent-to-price ratio.
You know 50590 now. You don’t know where it ranks.
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