Real Estate Investing in Bonaparte, Iowa (52620)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52620 (Bonaparte, 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.
- High vacancy: 29.8% 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 Bonaparte, IA (52620)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 52620 Bonaparte
Not every below-median market is a bargain. Bonaparte's 52620 ZIP registers signals that favor experienced operators who can absorb the risk $193K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 52620 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Bonaparte have seen price recovery that 52620 has not matched. Van Buren County data supports the view that the spread is structural rather than temporary.
Employment concentration in 52620 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 52620 is an operator game, not a passive one. Stepping back, entry prices of $193K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Bonaparte:
Property Strategy for 52620
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $150,477 | $920 | 4.4% | — | $75,239 |
| 3BR | $168,222 | $1,100 | 4.7% | +8.2% | $56,074 |
Market Trends
Home Value History (with trend line)
📊 How Does 52620 Compare?
| Metric | 52620 | Bonaparte | Iowa |
|---|---|---|---|
| Home Value | $192,615 | $192,615 | $227,232 |
| 5-Year CAGR | 10.3% | 10.3% | 6.0% |
| Avg Rent | $828 | $828 | - |
| 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 52620 (Bonaparte, IA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 52620 (Bonaparte, IA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $192,615 |
| Monthly Rent | $828 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 13.6% |
📈 Home Appreciation
| 1-Year | +16.5% ▲ |
| 3-Year CAGR | +9.3% ▲ |
| 5-Year CAGR | +10.3% ▲ |
| 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 52620
Population: 908
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 Bonaparte, IA a friendly market for rental owners?
Bonaparte, IA falls under IA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What are vacancy rates like in Bonaparte, IA?
Vacancy in Bonaparte, IA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $828/mo.
What are home prices like in Bonaparte, IA?
The median home value in Bonaparte, IA is roughly $193K. That puts it reasonable relative to the IA statewide average.
How viable is house hacking in Bonaparte, IA?
The house hack math a challenging in Bonaparte, IA. Owner-occupant buyers benefit from the $828/mo rents and $193K home values.
Is it easy to find good tenants in Bonaparte, IA?
Tenant demand in Bonaparte, IA is solid. The local workforce $828/mo rents across most rental classes.
You know 52620 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 52620 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 52620 (Bonaparte)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 52620 (Bonaparte, IA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.