Real Estate Investing in Wheatland, Iowa (52777)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Clinton • Population: 1,335 • Data updated: September 2026

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Should you buy in 52777 (Wheatland, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.2% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Wheatland, IA (52777)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $187,675
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $45,417
% Renters 14.0%

Market Analysis: 52777 Wheatland

ZIP 52777 in Wheatland, IA carries a durable set of headwinds. Home values near $188K and rents of $828/mo sit inside a market where underwriting has to be tight.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $188K asset, 52777 is the wrong submarket. If the plan prices in friction, the yield can still work.

Within IA, ZIP 52777 trails on several market indicators that neighboring Clinton submarkets outperform. The gap is real and substantial enough to shape underwriting.

The 52777 ZIP's population of 1,335 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.

Distressed ZIPs reward experience. significant returns are possible in 52777, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Wheatland:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+7.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 52777

Which property type performs best in this market?

Best for Cash Flow
4BR
4.7% cap rate
Best for Appreciation
2BR
+6.3% 5yr CAGR
Best Overall Value
4BR
$54,874/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $145,518 $920 4.6% +6.3% $72,759
3BR $181,751 $1,140 4.5% +5.9% $60,584
4BR $219,498 $1,440 4.7% $54,874

Market Trends

Home Value History (with trend line)

$194K$175K$155K$136K$117K$97KFeb 2017Nov 2021Jul 2026

📊 How Does 52777 Compare?

Metric 52777 Wheatland Iowa
Home Value $187,675 $187,675 $227,232
5-Year CAGR 5.1% 5.1% 6.0%
Avg Rent $828 $828 -
Cap Rate 3.4% 3.4% -
💡 Why Invest in 52777? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 52777 (Wheatland, IA). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 52777 (Wheatland, IA)?

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Investability
Good
Cap Rate
3.4%
Low
5yr Growth
+5.1%
Moderate

📊 Market Snapshot

Home Value $187,675
Monthly Rent $828
Price-to-Rent 18.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.4%
5-Year IRR 8.6%

📈 Home Appreciation

1-Year +7.2% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +5.1% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
10.2%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 52777

Population: 1,335

💰 Median Household Income
$45,417
This area
$45,417
State
$71,886
USA
$74,580
🏠 Renter Occupied
14.0%
This area
14.0%
State
19.7%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
0.0%
USA
3.7%
🎓 College Educated
13.9%
This area
13.9%
State
18.8%
USA
33.7%
👤 Median Age
36.6 years
This area
36.6 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
10.2%
This area
10.2%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 94.8%
Other/Mixed 4.7%
Hispanic/Latino 2.9%
Black/African American 0.5%
👶 Under 18
31.7%
This area
31.7%
USA
22.0%
👴 65 and Over
22.8%
This area
22.8%
USA
17.3%
📊 Poverty Rate
5.2%
This area
5.2%
USA
11.5%

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 52777

A+ Avg School Grade
1 Schools
11.7:1 Avg Class Size
$18,862 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Calamus-Wheatland Sec Attendance Center

📚 07 – 12 High School
👥
205 Students
👨‍🏫
11.7:1 Class Size
💰
$18,862 Per Student
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

How strong are rents in Wheatland, IA?

The typical rental in Wheatland, IA commands about $828/mo monthly. That rent profile even-keeled cash flow against the $188K purchase basis.

Is the tenant base reliable in Wheatland, IA?

Tenant demand in Wheatland, IA is solid. The local workforce $828/mo rents across most rental classes.

Should investors consider Wheatland, IA?

With a 3.0/5 investability score, Wheatland, IA ranks as a solid market for rental property investors. Median prices of $188K and rents of $828/mo drive the underlying numbers.

Is Wheatland, IA a friendly market for rental owners?

For rental operators, Wheatland, IA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Are there empty rentals in Wheatland, IA?

Wheatland, IA sees elevated vacancy, which is reasonable relative to the broader IA rental market.

You know 52777 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 52777 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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