Real Estate Investing in Jesup, Iowa (50648)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50648 (Jesup, IA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jesup, IA (50648)?
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Market Analysis: 50648 Jesup
ZIP 50648 inside Black Hawk County looks affordable on the surface — median value of $274K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 50648 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In practical terms, 50648 offers a low basis, the region around Jesup has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 50648 includes headwinds that any investor should price in. Income distribution skews lower than Jesup averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 50648 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 Jesup:
Property Strategy for 50648
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $194,619 | $980 | 3.6% | +5.9% | $97,310 |
| 3BR | $264,386 | $1,330 | 3.6% | +6.2% | $88,129 |
| 4BR | $321,034 | $1,560 | 3.5% | +7.2% | $80,259 |
| 5BR | $405,460 | — | — | +7.6% | $81,092 |
Market Trends
Home Value History (with trend line)
📊 How Does 50648 Compare?
| Metric | 50648 | Jesup | Waterloo-Cedar Falls, IA | Iowa |
|---|---|---|---|---|
| Home Value | $274,204 | $274,204 | N/A | $227,232 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 6.0% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 50648 (Jesup, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $274,204 |
| Monthly Rent | $882 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (2.5%). 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 50648
Population: 4,120
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 50648
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,330 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How high is vacancy risk in Jesup, IA?
Jesup, IA carries elevated vacancy risk. Expect consistent absorption at market rents of $882/mo.
Where do rents currently stand in Jesup, IA?
The typical rental in Jesup, IA commands about $882/mo monthly. That rent profile stable cash flow against the $274K purchase basis.
What kind of tenants rent in Jesup, IA?
Jesup, IA offers a stable renter base at the $882/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is rental property easy to operate in Jesup, IA?
The landlord environment in Jesup, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the median home value in Jesup, IA?
Typical homes in Jesup, IA go for around $274K. The 5-year CAGR of 0.0% reliable price movement.
You know 50648 now. You don’t know where it ranks.
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