Real Estate Investing in Seymour, Iowa (52590)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52590 (Seymour, 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: 17.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Seymour, IA (52590)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 52590 Seymour
ZIP 52590 inside Wayne County looks affordable on the surface — median value of $146K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $828/mo on a $146K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 52590 sits below the stated 0.0% once reality is priced in.
The gap between 52590 and stronger Seymour ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 52590 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward 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 Seymour:
Property Strategy for 52590
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $90,942 | $920 | 7.3% | — | $45,471 |
| 3BR | $143,042 | $1,190 | 6.0% | +8.3% | $47,681 |
Market Trends
Home Value History (with trend line)
📊 How Does 52590 Compare?
| Metric | 52590 | Seymour | Iowa |
|---|---|---|---|
| Home Value | $146,375 | $146,375 | $227,232 |
| 5-Year CAGR | 6.4% | 6.4% | 6.0% |
| Avg Rent | $828 | $828 | - |
| Cap Rate | 4.4% | 4.4% | - |
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 52590 (Seymour, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $146,375 |
| Monthly Rent | $828 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +12.0% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 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 (4.4%). 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 52590
Population: 1,433
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 52590
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
Do rentals sit vacant long in Seymour, IA?
Seymour, IA sees elevated vacancy, which is reasonable relative to the broader IA rental market.
Is it easy to find good tenants in Seymour, IA?
Seymour, IA draws a stable base of working renters. Demand at the $828/mo rent level is reasonable for standard single-family and small multi rentals.
How strict are landlord regulations in Seymour, IA?
IA law landlord-friendly for landlords, and Seymour inherits those rules. Investors should still review local ordinances for rental licensing.
Can I house hack in Seymour, IA?
For house hackers, Seymour, IA is a challenging. The $828/mo rent on a unit helps defray the mortgage on a $146K property.
How should investors approach Seymour, IA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Seymour, IA. The numbers - $146K homes against $828/mo rents - support that play.
You know 52590 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 52590 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.
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