Real Estate Investing in Garrison, Iowa (52229)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52229 (Garrison, IA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• 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 Garrison, IA (52229)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 52229 Garrison
ZIP 52229 inside Benton County looks affordable on the surface — median value of $277K — but the discount exists for reasons that a careful buyer should understand before committing.
On the rental side, the numbers look inviting — $277K purchase price, 0.0% nominal cap — the work to hit that pro forma in 52229 is substantial and deserves full respect.
In the broader IA picture, 52229 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 52229 ZIP's population of 841 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Experienced landlords with local relationships tend to find 52229 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Garrison:
Market Trends
Home Value History (with trend line)
📊 How Does 52229 Compare?
| Metric | 52229 | Garrison | Cedar Rapids, IA | Iowa |
|---|---|---|---|---|
| Home Value | $277,069 | $277,069 | N/A | $227,232 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 6.0% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 52229 (Garrison, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $277,069 |
| Monthly Rent | $963 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +16.3% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 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 (2.7%). 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 52229
Population: 841
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
How does Garrison, IA rate as a rental market?
Garrison, IA scores 3.0/5 for investability. Home values sit at $277K and rents near $963/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is housing expensive in Garrison, IA?
Garrison, IA home values average about $277K. That price point suits investors targeting rentals with $963/mo in monthly income.
How strong are rents in Garrison, IA?
The typical rental in Garrison, IA commands about $963/mo monthly. That rent profile consistent cash flow against the $277K purchase basis.
Is Garrison, IA better for rentals, flips, or BRRRR?
Garrison, IA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($277K prices, $963/mo rents) make it a reasonable choice.
What is the typical vacancy rate in Garrison, IA?
Occupancy in Garrison, IA runs predictable with elevated vacancy. Well-priced units at $963/mo lease on reasonable timelines.
You know 52229 now. You don’t know where it ranks.
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How 52229 ranks in Cedar Rapids, IA
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