Real Estate Investing in Miles, Iowa (52064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52064 (Miles, 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.
- High vacancy: 13.6% 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 Miles, IA (52064)?
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Market Analysis: 52064 Miles
The 52064 ZIP covers a section of Miles that demands careful diligence. Prices near $214K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 52064 can be a an appealing option for hunting ground — but the discount at $214K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 52064 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 52064 includes headwinds that any investor should price in. Income distribution skews lower than Miles averages, and tenant stability requires active management.
Distressed ZIPs reward experience. sturdy returns are possible in 52064, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Miles:
Property Strategy for 52064
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $190,913 | $1,170 | 4.4% | — | $63,638 |
| 4BR | $227,947 | $1,260 | 4.0% | — | $56,987 |
Market Trends
Home Value History (with trend line)
📊 How Does 52064 Compare?
| Metric | 52064 | Miles | Iowa |
|---|---|---|---|
| Home Value | $213,501 | $213,501 | $227,232 |
| 5-Year CAGR | 6.3% | 6.3% | 6.0% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 52064 (Miles, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $213,501 |
| Monthly Rent | $828 |
| Price-to-Rent | 21.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 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 (3.0%). 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 52064
Population: 727
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 52064
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
Is Miles, IA a good market for buy-and-hold investors?
Investors tracking Miles, IA will find a 3.0/5 rating supported by $214K median home values and $828/mo rents. That profile suits long-term holders targeting steady returns.
Where do rents currently stand in Miles, IA?
The typical rental in Miles, IA commands about $828/mo monthly. That rent profile stable cash flow against the $214K purchase basis.
What is the typical renter like in Miles, IA?
Miles, IA offers a stable renter base at the $828/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the rental occupancy rate in Miles, IA?
Occupancy in Miles, IA runs reliable with elevated vacancy. Well-priced units at $828/mo lease on reasonable timelines.
What does house hacking look like in Miles, IA?
The a challenging house-hack environment in Miles, IA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 52064 now. You don’t know where it ranks.
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