Real Estate Investing in Hull, Iowa (51239)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 51239 (Hull, 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.
- High price-to-rent: Price-to-rent ratio 32.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hull, IA (51239)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 51239 Hull
ZIP 51239 in Hull, IA carries a significant set of headwinds. Home values near $327K and rents of $828/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 51239 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within IA, ZIP 51239 trails on several market indicators that neighboring Sioux County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Resident income in 51239 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 51239 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 Hull:
Market Trends
Home Value History (with trend line)
📊 How Does 51239 Compare?
| Metric | 51239 | Hull | Iowa |
|---|---|---|---|
| Home Value | $327,155 | $327,155 | $227,232 |
| 5-Year CAGR | 6.3% | 6.3% | 6.0% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 2.0% | 2.0% | - |
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 51239 (Hull, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $327,155 |
| Monthly Rent | $828 |
| Price-to-Rent | 32.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 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 (2.0%). 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 51239
Population: 2,947
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 51239
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What approach is best for Hull, IA real estate?
For Hull, IA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much rent can I charge in Hull, IA?
Rental rates in Hull, IA average $828/mo. Tenant demand and $327K home values make the yield look reasonable by investor standards.
How quickly do rentals get leased in Hull, IA?
Vacancy in Hull, IA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $828/mo.
How much should I expect to pay for a home in Hull, IA?
Hull, IA median home values land near $327K. That is reasonable territory for investors looking at $828/mo-per-month rentals.
Can I live-in-and-rent in Hull, IA?
Hull, IA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $828/mo rent level.
You know 51239 now. You don’t know where it ranks.
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