Real Estate Investing in Farnhamville, Iowa (51453)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 51453 (Farnhamville, IA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 13.2% of homes vacant — above national norms.
• 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 Farnhamville, IA (51453)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 51453 Farnhamville
Not every below-median market is a bargain. Farnhamville's 51453 ZIP clocks in at signals that favor experienced operators who can absorb the risk $132K pricing implies.
The investment case in 51453 is robust only for operators who understand what they are buying. A $132K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
On balance, 51453 offers a low basis, the region around Farnhamville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 51453 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 51453 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 Farnhamville:
Market Trends
Home Value History (with trend line)
📊 How Does 51453 Compare?
| Metric | 51453 | Farnhamville | Iowa |
|---|---|---|---|
| Home Value | $132,207 | $129,932 | $227,232 |
| 5-Year CAGR | 10.3% | 8.4% | 6.0% |
| Avg Rent | $1,044 | $999 | - |
| Cap Rate | 6.2% | 6.0% | - |
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 51453 (Farnhamville, IA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 51453 (Farnhamville, IA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $132,207 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.2% |
| 5-Year IRR | 16.5% |
📈 Home Appreciation
| 1-Year | +33.3% ▲ |
| 3-Year CAGR | +11.0% ▲ |
| 5-Year CAGR | +10.3% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (6.2%). 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.
Demographics in 51453
Population: 472
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
What do landlords charge for rent in Farnhamville, IA?
Rent in Farnhamville, IA is around $1,044/mo. The resulting rent-to-value relationship with $132K pricing is reasonable for most investor models.
What is it like being a landlord in Farnhamville, IA?
IA ranks as a landlord-friendly state for landlord-tenant law. Farnhamville generally follows the statewide framework, so landlords face reasonable operating rules.
Is Farnhamville, IA better for rentals, flips, or BRRRR?
Farnhamville, IA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($132K prices, $1,044/mo rents) make it a reasonable choice.
How strong is the working-renter base in Farnhamville, IA?
The renter base in Farnhamville, IA is reasonable for the $1,044/mo price point. Screening well and pricing to market typically yields measured tenants.
Should investors worry about vacancy in Farnhamville, IA?
Vacancy in Farnhamville, IA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,044/mo.
You know 51453 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 51453 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.
AI Market Advisor
Ask questions about investing in 51453 (Farnhamville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 51453 (Farnhamville, IA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.