Real Estate Investing in Unionville, Iowa (52594)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52594 (Unionville, 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.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
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 Unionville, IA (52594)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 52594 Unionville
From an investor standpoint, ZIP 52594 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $196K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $196K asset, 52594 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Unionville have seen price recovery that 52594 has not matched. Appanoose County data supports the view that the spread is structural rather than temporary.
Resident income in 52594 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
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 Unionville:
Market Trends
Home Value History (with trend line)
📊 How Does 52594 Compare?
| Metric | 52594 | Unionville | Iowa |
|---|---|---|---|
| Home Value | $195,984 | $195,984 | $227,232 |
| 5-Year CAGR | N/A | N/A | 6.0% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 52594 (Unionville, IA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 52594 (Unionville, IA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $195,984 |
| Monthly Rent | $864 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 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 |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 52594
Population: 590
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 Unionville, IA better for rentals, flips, or BRRRR?
Unionville, IA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($196K prices, $864/mo rents) make it a reasonable choice.
How quickly do rentals get leased in Unionville, IA?
Vacancy risk in Unionville, IA is elevated. That supports steady cash flow for typical rental holds.
What kind of tenants rent in Unionville, IA?
Unionville, IA offers a even-keeled renter base at the $864/mo rent level. Tenant turnover is reasonable for well-managed properties.
Does a duplex house hack pencil in Unionville, IA?
For house hackers, Unionville, IA is a challenging. The $864/mo rent on a unit helps defray the mortgage on a $196K property.
What do landlords charge for rent in Unionville, IA?
Expect rents around $864/mo per month in Unionville, IA. With home values at $196K, the yield math works out to reasonable levels for rental investors.
You know 52594 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 52594 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.
AI Market Advisor
Ask questions about investing in 52594 (Unionville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 52594 (Unionville, IA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.