Real Estate Investing in Kingsley, Iowa (51028)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 51028 (Kingsley, 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.
- Elevated vacancy: 8.1% 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 Kingsley, IA (51028)?
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Market Analysis: 51028 Kingsley
The 51028 ZIP in Kingsley, IA is a local-operator market. Outside capital chasing a $257K entry has to pair deep knowledge with the discount.
Put differently, the numbers look inviting — $257K purchase price, 0.0% nominal cap — the work to hit that pro forma in 51028 is substantial and deserves full respect.
ZIP 51028's metrics run below Plymouth County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 51028 includes headwinds that any investor should price in. Income distribution skews lower than Kingsley averages, and tenant stability requires active management.
The 51028 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Kingsley:
Property Strategy for 51028
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $167,332 | $960 | 4.1% | +7.3% | $83,666 |
| 3BR | $233,476 | $1,250 | 3.9% | +7.1% | $77,825 |
| 4BR | $285,749 | $1,330 | 3.4% | +6.9% | $71,437 |
Market Trends
Home Value History (with trend line)
📊 How Does 51028 Compare?
| Metric | 51028 | Kingsley | Sioux City, IA-NE-SD | Iowa |
|---|---|---|---|---|
| Home Value | $257,384 | $257,384 | N/A | $227,232 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 6.0% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 51028 (Kingsley, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $257,384 |
| Monthly Rent | $864 |
| Price-to-Rent | 24.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (2.6%). 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 51028
Population: 2,047
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 51028
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 kind of market is Kingsley, IA for investors?
Investors tracking Kingsley, IA will find a 3.0/5 rating supported by $257K median home values and $864/mo rents. That profile suits long-term holders targeting consistent returns.
What is the typical vacancy rate in Kingsley, IA?
Occupancy in Kingsley, IA runs reliable with elevated vacancy. Well-priced units at $864/mo lease on reasonable timelines.
What do rentals go for in Kingsley, IA?
Average rent in Kingsley, IA is approximately $864/mo per month. Against $257K home values that yields a reasonable rent-to-price ratio.
Can I live-in-and-rent in Kingsley, IA?
House hacking in Kingsley, IA is a challenging. With home values around $257K and rents at $864/mo, owner-occupants can offset a meaningful share of PITI.
Does Kingsley, IA favor landlords or tenants?
Kingsley, IA operates under IA law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
You know 51028 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 51028 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.
How 51028 ranks in Sioux City, IA-NE-SD
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