Real Estate Investing in Eldridge, Iowa (52748)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52748 (Eldridge, 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 price-to-rent: Price-to-rent ratio 28.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Eldridge, IA (52748)?
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Market Analysis: 52748 Eldridge
Investors eyeing 52748 need to respect the fundamentals at play. Home values of $362K come alongside slower price movement and elevated management overhead.
Rent of $1,044/mo on a $362K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 52748 sits below the stated 0.0% once reality is priced in.
In the broader IA picture, 52748 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 52748 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Eldridge's stable or hybrid ZIPs before stepping into 52748. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Eldridge:
Property Strategy for 52748
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $197,592 | $1,160 | 4.2% | +5.8% | $98,796 |
| 3BR | $315,568 | $1,520 | 3.5% | +5.3% | $105,189 |
| 4BR | $404,050 | $1,850 | 3.3% | +5.3% | $101,013 |
| 5BR | $497,802 | — | — | +5.4% | $99,560 |
Market Trends
Home Value History (with trend line)
📊 How Does 52748 Compare?
| Metric | 52748 | Eldridge | Iowa |
|---|---|---|---|
| Home Value | $362,420 | $362,420 | $227,232 |
| 5-Year CAGR | 5.2% | 5.2% | 6.0% |
| Avg Rent | $1,044 | $1,044 | - |
| Cap Rate | 2.3% | 2.3% | - |
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 52748 (Eldridge, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $362,420 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 28.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (2.3%). 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 52748
Population: 9,890
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 52748
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,931 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the tenant pool like in Eldridge, IA?
The tenant pool in Eldridge, IA is solid, supported by local employment and population fundamentals. Rents of $1,044/mo are well-absorbed by the market.
Is house hacking profitable in Eldridge, IA?
House hacking in Eldridge, IA is reasonable to execute. Prices around $362K and rents of $1,044/mo solid owner-occupant economics.
Is housing expensive in Eldridge, IA?
Eldridge, IA home values average about $362K. That price point suits investors targeting rentals with $1,044/mo in monthly income.
Are eviction rules reasonable in Eldridge, IA?
For rental operators, Eldridge, IA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Do landlords face vacancy issues in Eldridge, IA?
Expect elevated vacancy in Eldridge, IA. Rents at $1,044/mo are absorbed by the tenant base without meaningful lag.
You know 52748 now. You don’t know where it ranks.
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