Real Estate Investing in Mystic, Iowa (52574)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52574 (Mystic, IA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 36.3% 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 Mystic, IA (52574)?
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Market Analysis: 52574 Mystic
Homes in the 52574 ZIP trade near $63K, a discount that has historically rewarded investors willing to renovate. Rent comps near $909/mo support the pro forma.
BRRRR works in 52574 because the math supports it. Buy at $63K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Across Mystic, pockets like 52574 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
Demographically, 52574 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
The significant opportunity in 52574 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.
Here's what matters if you're considering buying a home in Mystic:
Property Strategy for 52574
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $103,285 | $1,010 | 7.0% | — | $51,642 |
| 3BR | $146,609 | $1,210 | 5.9% | — | $48,870 |
Market Trends
Home Value History (with trend line)
📊 How Does 52574 Compare?
| Metric | 52574 | Mystic | Iowa |
|---|---|---|---|
| Home Value | $62,648 | $62,648 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $909 | $909 | - |
| Cap Rate | 11.3% | 11.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 52574 (Mystic, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $62,648 |
| Monthly Rent | $909 |
| Price-to-Rent | 5.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 17.4% |
| Cap Rate | 11.3% |
| 5-Year IRR | 14.5% |
📈 Home Appreciation
| 1-Year | +25.0% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 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 |
The estimated cap rate (11.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 52574
Population: 484
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
Is Mystic, IA better for rentals, flips, or BRRRR?
Mystic, IA investors pursuing value-add and BRRRR deals. The underlying economics ($63K prices, $909/mo rents) make it a reasonable choice.
Can investors BRRRR in Mystic, IA?
Mystic, IA is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $909/mo produces solid refinance appraisals against $63K values.
How much does a house cost in Mystic, IA?
In Mystic, IA the median home value sits at $63K. Against the broader IA market, that reads as reasonable for most investors.
What do rentals go for in Mystic, IA?
Rental rates in Mystic, IA average $909/mo. Tenant demand and $63K home values make the yield look reasonable by investor standards.
Is the 1% rule achievable in Mystic, IA?
Yes, many Mystic, IA properties clear the 1% rule. The rent-to-price ratio averages 1.45%, supported by $909/mo rents.
You know 52574 now. You don’t know where it ranks.
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