Real Estate Investing in Castalia, Iowa (52133)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Winneshiek County • Population: 711 • Data updated: September 2026

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Should you buy in 52133 (Castalia, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (27/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 13.0% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 30.5 — hard to cash-flow at these prices.

• 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 Castalia, IA (52133)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $302,715
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $64,872
% Renters 6.5%

Market Analysis: 52133 Castalia

ZIP 52133 inside Winneshiek County looks affordable on the surface — median value of $303K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 52133 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

The gap between 52133 and stronger Castalia ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The 52133 ZIP's population of 711 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.

The 52133 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Castalia:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+13.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$310K$289K$269K$248K$228K$207KFeb 2022May 2024Jul 2026

📊 How Does 52133 Compare?

Metric 52133 Castalia Iowa
Home Value $302,715 $302,715 $227,232
5-Year CAGR N/A N/A 6.0%
Avg Rent $828 $828 -
Cap Rate 2.1% 2.1% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 52133 (Castalia, IA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.1%
Low

📊 Market Snapshot

Home Value $302,715
Monthly Rent $828
Price-to-Rent 30.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.1%
5-Year IRR 10.7%

📈 Home Appreciation

1-Year +13.3% ▲
3-Year CAGR +8.6% ▲
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
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
13.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 52133

Population: 711

💰 Median Household Income
$64,872
This area
$64,872
State
$71,886
USA
$74,580
🏠 Renter Occupied
6.5%
This area
6.5%
State
19.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
0.0%
USA
3.7%
🎓 College Educated
2.8%
This area
2.8%
State
18.8%
USA
33.7%
👤 Median Age
57.0 years
This area
57.0 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
13.0%
This area
13.0%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 87.6%
Black/African American 12.4%
👶 Under 18
15.5%
This area
15.5%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
0.9%
This area
0.9%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby 1,930 Off-Campus Students
C
Northeast Iowa Community College
4,378 students · 11.1 mi

Investor Insight: With 1,930 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Castalia, IA a smart market for rental property?

Castalia, IA records an investability rating of 2.0/5, with median home values near $303K and average rents around $828/mo. That combination puts it in the substantial tier for investor interest.

Is Castalia, IA landlord-friendly?

The landlord environment in Castalia, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

How much rent can I charge in Castalia, IA?

Average rent in Castalia, IA is approximately $828/mo per month. Against $303K home values that yields a reasonable rent-to-price ratio.

What real estate strategy is ideal for Castalia, IA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Castalia, IA. The numbers - $303K homes against $828/mo rents - support that play.

What kind of vacancy should I budget for in Castalia, IA?

Rental vacancy in Castalia, IA is elevated. Investors should budget normal turnover but not chronic empty units.

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