Real Estate Investing in Washington, Iowa (52353)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52353 (Washington, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Washington, IA (52353)?
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Market Analysis: 52353 Washington
ZIP 52353 in Washington, IA carries a substantial set of headwinds. Home values near $200K and rents of $927/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 52353 can be a worth a close look for hunting ground — but the discount at $200K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 52353 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 52353 includes headwinds that any investor should price in. Income distribution skews lower than Washington averages, and tenant stability requires active management.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Washington:
Property Strategy for 52353
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $88,325 | $780 | 6.4% | +6.3% | $88,325 |
| 2BR | $139,045 | $1,030 | 5.3% | +7.1% | $69,522 |
| 3BR | $194,283 | $1,270 | 4.7% | +6.9% | $64,761 |
| 4BR | $244,808 | $1,360 | 4.0% | +7.5% | $61,202 |
| 5BR | $338,176 | — | — | +7.2% | $67,635 |
Market Trends
Home Value History (with trend line)
📊 How Does 52353 Compare?
| Metric | 52353 | Washington | Iowa City, IA | Iowa |
|---|---|---|---|---|
| Home Value | $199,682 | $199,682 | N/A | $227,232 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 6.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
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 52353 (Washington, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $199,682 |
| Monthly Rent | $927 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (3.6%). 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 52353
Population: 9,072
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 52353
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 real estate in Washington, IA a good investment right now?
Washington, IA scores 3.0/5 for investability. Home values sit at $200K and rents near $927/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What do rentals go for in Washington, IA?
Rental rates in Washington, IA average $927/mo. Tenant demand and $200K home values make the yield look reasonable by investor standards.
Where do home prices stand in Washington, IA?
Washington, IA home values average about $200K. That price point suits investors targeting rentals with $927/mo in monthly income.
Is Washington, IA landlord-friendly?
IA law landlord-friendly for landlords, and Washington inherits those rules. Investors should still review local ordinances for rental licensing.
Are there empty rentals in Washington, IA?
Washington, IA sees elevated vacancy, which is reasonable relative to the broader IA rental market.
You know 52353 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 52353 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 52353 ranks in Iowa City, IA
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