Real Estate Investing in Evansdale, Iowa (50707)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 50707 (Evansdale, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Evansdale, IA (50707)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 50707 Evansdale
The 50707 ZIP covers a section of Evansdale that demands careful diligence. Prices near $159K look accessible, but the work to make a deal cash flow is real.
The 50707 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Evansdale have seen price recovery that 50707 has not matched. Black Hawk County data supports the view that the spread is structural rather than temporary.
The demographic picture in 50707 includes headwinds that any investor should price in. Income distribution skews lower than Evansdale averages, and tenant stability requires active management.
Distressed ZIPs reward experience. significant returns are possible in 50707, 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 Evansdale:
Property Strategy for 50707
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $85,174 | $760 | 6.4% | +6.5% | $85,174 |
| 2BR | $123,249 | $1,000 | 5.8% | +6.2% | $61,624 |
| 3BR | $175,442 | $1,290 | 5.3% | +6.3% | $58,481 |
| 4BR | $234,701 | $1,680 | 5.2% | +6.3% | $58,675 |
Market Trends
Home Value History (with trend line)
📊 How Does 50707 Compare?
| Metric | 50707 | Evansdale | Waterloo-Cedar Falls, IA | Iowa |
|---|---|---|---|---|
| Home Value | $159,101 | $159,101 | N/A | $227,232 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.0% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 50707 (Evansdale, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $159,101 |
| Monthly Rent | $900 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (4.4%). 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 50707
Population: 7,407
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 50707
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Irving Elementary School
Kittrell Elementary School
Lowell Elementary School
West High School
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 3,042 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Evansdale in IA worth investing in?
Investors tracking Evansdale, IA will find a 3.0/5 rating supported by $159K median home values and $900/mo rents. That profile suits long-term holders targeting consistent returns.
What type of investing works in Evansdale, IA?
A careful cash-flow rentals with hands-on management strategy Evansdale, IA best. The market produces steady results for that approach at the $159K price point.
What is it like being a landlord in Evansdale, IA?
IA ranks as a landlord-friendly state for landlord-tenant law. Evansdale generally follows the statewide framework, so landlords face reasonable operating rules.
How high is vacancy risk in Evansdale, IA?
Evansdale, IA carries elevated vacancy risk. Expect measured absorption at market rents of $900/mo.
What kind of tenants rent in Evansdale, IA?
Evansdale, IA offers a even-keeled renter base at the $900/mo rent level. Tenant turnover is reasonable for well-managed properties.
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How 50707 ranks in Waterloo-Cedar Falls, IA
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