Real Estate Investing in New Hampton, Iowa (50659)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50659 (New Hampton, 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: 9.5% 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 New Hampton, IA (50659)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50659 New Hampton
Investors eyeing 50659 need to respect the fundamentals at play. Home values of $227K come alongside slower price movement and elevated management overhead.
Rent of $855/mo on a $227K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50659 sits below the stated 0.0% once reality is priced in.
In the broader IA picture, 50659 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 50659 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 50659 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in New Hampton:
Property Strategy for 50659
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $146,032 | $950 | 4.7% | — | $73,016 |
| 3BR | $202,813 | $1,320 | 4.7% | +6.5% | $67,604 |
| 4BR | $250,849 | $1,340 | 3.8% | +7.1% | $62,712 |
| 5BR | $350,105 | — | — | — | $70,021 |
Market Trends
Home Value History (with trend line)
📊 How Does 50659 Compare?
| Metric | 50659 | New Hampton | Iowa |
|---|---|---|---|
| Home Value | $227,489 | $227,489 | $227,232 |
| 5-Year CAGR | 6.3% | 6.3% | 6.0% |
| Avg Rent | $855 | $855 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 50659 (New Hampton, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,489 |
| Monthly Rent | $855 |
| Price-to-Rent | 22.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.9%). 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 50659
Population: 5,942
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 50659
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 renter demographic in New Hampton, IA?
New Hampton, IA offers a reliable renter base at the $855/mo rent level. Tenant turnover is reasonable for well-managed properties.
Does New Hampton, IA make sense for an investment property?
The 3.0/5 investability rating in New Hampton, IA reflects its $227K prices and $855/mo rents. Investors generally consider it a solid option within IA.
Is housing expensive in New Hampton, IA?
New Hampton, IA home values average about $227K. That price point suits investors targeting rentals with $855/mo in monthly income.
How much do tenants pay in New Hampton, IA?
Expect rents around $855/mo per month in New Hampton, IA. With home values at $227K, the yield math works out to reasonable levels for rental investors.
How strict are landlord regulations in New Hampton, IA?
Rental owners in New Hampton, IA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 50659 now. You don’t know where it ranks.
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