Real Estate Investing in Eldora, Iowa (50627)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50627 (Eldora, IA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Eldora, IA (50627)?
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Market Analysis: 50627 Eldora
The 50627 ZIP in Eldora, IA is a local-operator market. Outside capital chasing a $132K entry has to pair deep knowledge with the discount.
For an experienced owner, 50627 can be a a credible choice for hunting ground — but the discount at $132K reflects genuine risk that outside investors often underestimate.
From an investor standpoint, 50627 offers a low basis, the region around Eldora has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 50627 ZIP's population of 3,431 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.
Strategy in 50627 is an operator game, not a passive one. From a cash-flow lens, entry prices of $132K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Eldora:
Property Strategy for 50627
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $83,076 | $920 | 8.0% | +6.2% | $41,538 |
| 3BR | $138,026 | $1,210 | 6.3% | +6.3% | $46,009 |
| 4BR | $144,188 | $1,510 | 7.5% | — | $36,047 |
Market Trends
Home Value History (with trend line)
📊 How Does 50627 Compare?
| Metric | 50627 | Eldora | Waterloo-Cedar Falls, IA | Iowa |
|---|---|---|---|---|
| Home Value | $132,085 | $132,085 | N/A | $227,232 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 6.0% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50627 (Eldora, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $132,085 |
| Monthly Rent | $828 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (4.9%). 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 50627
Population: 3,431
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 50627
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 it like being a landlord in Eldora, IA?
IA ranks as a landlord-friendly state for landlord-tenant law. Eldora generally follows the statewide framework, so landlords face reasonable operating rules.
How deep is the rental pool in Eldora, IA?
Expect a solid tenant pool in Eldora, IA. The rental market absorbs $828/mo rents without meaningful friction.
What are home prices like in Eldora, IA?
Median home price in Eldora, IA is near $132K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Is Eldora, IA a good market for FHA house hackers?
Eldora, IA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $132K price point reasonable to enter.
Is Eldora, IA a smart market for rental property?
With a 3.0/5 investability score, Eldora, IA ranks as a solid market for rental property investors. Median prices of $132K and rents of $828/mo drive the underlying numbers.
You know 50627 now. You don’t know where it ranks.
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How 50627 ranks in Waterloo-Cedar Falls, IA
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