Real Estate Investing in Greene, Iowa (50636)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50636 (Greene, 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.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Greene, IA (50636)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50636 Greene
ZIP 50636 inside Butler County looks affordable on the surface — median value of $177K — but the discount exists for reasons that a careful buyer should understand before committing.
The 50636 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, 50636 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 50636 ZIP's population of 2,141 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 50636 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Greene:
Property Strategy for 50636
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $125,416 | $1,020 | 5.9% | +4.9% | $62,708 |
| 3BR | $184,262 | $1,240 | 4.8% | +5.6% | $61,421 |
| 4BR | $207,124 | $1,490 | 5.2% | +5.7% | $51,781 |
Market Trends
Home Value History (with trend line)
📊 How Does 50636 Compare?
| Metric | 50636 | Greene | Iowa |
|---|---|---|---|
| Home Value | $177,225 | $177,225 | $227,232 |
| 5-Year CAGR | 6.1% | 6.1% | 6.0% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 50636 (Greene, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $177,225 |
| Monthly Rent | $918 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (4.0%). 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 50636
Population: 2,141
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 50636
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
Is real estate in Greene, IA a good investment right now?
Greene, IA rates 3.0/5 for investability. With median values at $177K and rents near $918/mo, the market offers reasonable fundamentals for rental investors.
What is the best play in Greene, IA?
For Greene, IA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Where do home prices stand in Greene, IA?
Greene, IA home values average about $177K. That price point suits investors targeting rentals with $918/mo in monthly income.
What kind of tenants rent in Greene, IA?
Tenant quality in Greene, IA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $918/mo.
Do landlords face vacancy issues in Greene, IA?
Expect elevated vacancy in Greene, IA. Rents at $918/mo are absorbed by the tenant base without meaningful lag.
You know 50636 now. You don’t know where it ranks.
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Community Ratings
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