Real Estate Investing in Cleghorn, Iowa (51014)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cherokee County • Population: 561 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 51014 (Cleghorn, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
WEAK
2.0 / 5 (38/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Cleghorn, IA (51014)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $188,100
Avg Monthly Rent $1,242
1% Rule ✗ Does Not Meet
Median Income $63,750
% Renters 21.0%

Market Analysis: 51014 Cleghorn

From an investor standpoint, ZIP 51014 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $188K median. It rewards specialists, not generalists.

Rent of $1,242/mo on a $188K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 51014 sits below the stated 0.0% once reality is priced in.

The gap between 51014 and stronger Cleghorn ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Demographically, 51014 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Cleghorn:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+3.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,242/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$197K$189K$180K$172K$164K$155KFeb 2022May 2024Jul 2026

📊 How Does 51014 Compare?

Metric 51014 Cleghorn Iowa
Home Value $188,100 $188,100 $227,232
5-Year CAGR N/A N/A 6.0%
Avg Rent $1,242 $1,242 -
Cap Rate 5.2% 5.2% -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 51014 (Cleghorn, IA). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 51014 (Cleghorn, IA)?

~25 seconds · no account needed · your report is anonymous

Investability
Fair
Cap Rate
5.2%
Fair

📊 Market Snapshot

Home Value $188,100
Monthly Rent $1,242
Price-to-Rent 12.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.9%
Cap Rate 5.2%
5-Year IRR 8.9%

📈 Home Appreciation

1-Year +3.3% ▲
3-Year CAGR +3.8% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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.

Vacancy
5.1%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 51014

Population: 561

💰 Median Household Income
$63,750
This area
$63,750
State
$71,886
USA
$74,580
🏠 Renter Occupied
21.0%
This area
21.0%
State
19.7%
USA
34.0%
💼 Unemployment Rate
3.7%
This area
3.7%
State
0.0%
USA
3.7%
🎓 College Educated
10.6%
This area
10.6%
State
18.8%
USA
33.7%
👤 Median Age
51.6 years
This area
51.6 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
5.1%
This area
5.1%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 90.3%
Other/Mixed 9.6%
Hispanic/Latino 6.4%
Black/African American 0.2%
👶 Under 18
15.9%
This area
15.9%
USA
22.0%
👴 65 and Over
26.6%
This area
26.6%
USA
17.3%
📊 Poverty Rate
5.9%
This area
5.9%
USA
11.5%

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

Frequently Asked Questions

How expensive is real estate in Cleghorn, IA?

Median home price in Cleghorn, IA is near $188K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.

Do rentals sit vacant long in Cleghorn, IA?

Rental vacancy in Cleghorn, IA is elevated. Investors should budget normal turnover but not chronic empty units.

Is IA a landlord-friendly state?

The landlord environment in Cleghorn, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What do rentals go for in Cleghorn, IA?

Average rent in Cleghorn, IA is approximately $1,242/mo per month. Against $188K home values that yields a reasonable rent-to-price ratio.

How strong is tenant demand in Cleghorn, IA?

Working renters make up the core of the Cleghorn, IA tenant base. The pool is reasonable for investors targeting long-term holds.

You know 51014 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 51014 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

Compare Plans
🤖

AI Market Advisor

Ask questions about investing in 51014 (Cleghorn)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 51014 (Cleghorn, IA).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.