Real Estate Investing in Parkersburg, Iowa (50665)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50665 (Parkersburg, 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: 17.2% 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 Parkersburg, IA (50665)?
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Market Analysis: 50665 Parkersburg
The 50665 ZIP covers a section of Parkersburg that demands careful diligence. Prices near $250K look accessible, but the work to make a deal cash flow is real.
On the rental side, the numbers look inviting — $250K purchase price, 0.0% nominal cap — the work to hit that pro forma in 50665 is substantial and deserves full respect.
Within IA, ZIP 50665 trails on several market indicators that neighboring Butler submarkets outperform. The gap is real and notable enough to shape underwriting.
From an investor standpoint, 2,518 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. sturdy returns are possible in 50665, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Parkersburg:
Property Strategy for 50665
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $205,633 | $970 | 3.4% | +6.7% | $102,817 |
| 3BR | $238,831 | $1,180 | 3.6% | +6.9% | $79,610 |
| 4BR | $274,648 | $1,510 | 4.0% | +6.8% | $68,662 |
Market Trends
Home Value History (with trend line)
📊 How Does 50665 Compare?
| Metric | 50665 | Parkersburg | Iowa |
|---|---|---|---|
| Home Value | $249,731 | $249,731 | $227,232 |
| 5-Year CAGR | 6.4% | 6.4% | 6.0% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.7% | 2.7% | - |
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 50665 (Parkersburg, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $249,731 |
| Monthly Rent | $873 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (2.7%). 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 50665
Population: 2,518
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 50665
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 best play in Parkersburg, IA?
Parkersburg, IA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($250K prices, $873/mo rents) make it a reasonable choice.
What is the average monthly rent in Parkersburg, IA?
Expect rents around $873/mo per month in Parkersburg, IA. With home values at $250K, the yield math works out to reasonable levels for rental investors.
How landlord-friendly is Parkersburg, IA?
Landlord-friendliness in Parkersburg, IA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How quickly do rentals get leased in Parkersburg, IA?
Parkersburg, IA carries elevated vacancy risk. Expect stable absorption at market rents of $873/mo.
Does a duplex house hack pencil in Parkersburg, IA?
The a challenging house-hack environment in Parkersburg, IA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 50665 now. You don’t know where it ranks.
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Community Ratings
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