Real Estate Investing in Pisgah, Iowa (51564)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 51564 (Pisgah, IA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 26.4% 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 Pisgah, IA (51564)?
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Market Analysis: 51564 Pisgah
Investors eyeing 51564 need to respect the fundamentals at play. Home values of $174K come alongside slower price movement and elevated management overhead.
The investment case in 51564 is solid only for operators who understand what they are buying. A $174K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader IA picture, 51564 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 51564 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 51564 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 Pisgah:
Market Trends
Home Value History (with trend line)
📊 How Does 51564 Compare?
| Metric | 51564 | Pisgah | Iowa |
|---|---|---|---|
| Home Value | $174,448 | $174,448 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.9% | 3.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 51564 (Pisgah, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,448 |
| Monthly Rent | $864 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +13.8% ▲ |
| 3-Year CAGR | +8.5% ▲ |
| 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 |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 51564
Population: 512
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 is the average home sale price in Pisgah, IA?
Expect median prices around $174K in Pisgah, IA. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
What investment strategy works best in Pisgah, IA?
In Pisgah, IA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $174K prices and $864/mo rents suits that approach.
What is the renter demographic in Pisgah, IA?
Pisgah, IA offers a measured renter base at the $864/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strict are landlord regulations in Pisgah, IA?
Pisgah, IA operates under IA law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
What is the investability score for Pisgah, IA?
Pisgah, IA stands at an investability rating of 2.0/5, with median home values near $174K and average rents around $864/mo. That combination puts it in the substantial tier for investor interest.
You know 51564 now. You don’t know where it ranks.
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