Real Estate Investing in Bellevue, Iowa (52031)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52031 (Bellevue, 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: 15.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.7 — 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 Bellevue, IA (52031)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 52031 Bellevue
Not every below-median market is a bargain. Bellevue's 52031 ZIP reflects signals that favor experienced operators who can absorb the risk $325K pricing implies.
The 52031 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Bellevue have seen price recovery that 52031 has not matched. Jackson County data supports the view that the spread is structural rather than temporary.
Who lives in 52031 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 52031 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 Bellevue:
Property Strategy for 52031
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $217,783 | $980 | 3.2% | +6.9% | $108,891 |
| 3BR | $307,862 | $1,260 | 2.9% | +7.2% | $102,621 |
| 4BR | $353,311 | $1,510 | 3.1% | +9.3% | $88,328 |
| 5BR | $447,309 | — | — | — | $89,462 |
Market Trends
Home Value History (with trend line)
📊 How Does 52031 Compare?
| Metric | 52031 | Bellevue | Iowa |
|---|---|---|---|
| Home Value | $324,629 | $324,629 | $227,232 |
| 5-Year CAGR | 6.5% | 6.5% | 6.0% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 52031 (Bellevue, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $324,629 |
| Monthly Rent | $882 |
| Price-to-Rent | 30.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.1%). 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 52031
Population: 5,490
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 52031
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 Bellevue, IA a good place for real estate investing?
Bellevue, IA records an investability rating of 3.0/5, with median home values near $325K and average rents around $882/mo. That combination puts it in the robust tier for investor interest.
What price range are homes in Bellevue, IA?
Median home price in Bellevue, IA is near $325K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
What strategy should investors use in Bellevue, IA?
A careful cash-flow rentals with hands-on management strategy Bellevue, IA best. The market produces even-keeled results for that approach at the $325K price point.
How strict are landlord regulations in Bellevue, IA?
Bellevue, IA operates under IA law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How quickly do rentals get leased in Bellevue, IA?
Vacancy risk in Bellevue, IA is elevated. That supports steady cash flow for typical rental holds.
You know 52031 now. You don’t know where it ranks.
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