Real Estate Investing in Keokuk, Iowa (52632)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 52632 (Keokuk, IA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Keokuk, IA (52632)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 52632 Keokuk
In Keokuk's 52632 ZIP, the arithmetic favors hands-on owners. Median home values registers $84K, leaving spread for capex-heavy BRRRR or reposition strategies.
The a credible choice for angle here is forced equity, not market equity. ZIP 52632 rewards investors who can execute on scope, timeline, and tenant turnover.
Across Keokuk, pockets like 52632 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
Household income in 52632 supports the rent-lift thesis. 11,904 residents, deep working-age cohort, and the kind of tenant profile that responds to upgraded stock.
The substantial opportunity in 52632 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.
Here's what matters if you're considering buying a home in Keokuk:
Property Strategy for 52632
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $37,391 | $720 | 13.9% | — | $37,391 |
| 2BR | $66,455 | $950 | 10.3% | +5.3% | $33,228 |
| 3BR | $112,875 | $1,250 | 8.0% | +5.1% | $37,625 |
| 4BR | $139,684 | $1,310 | 6.8% | +5.2% | $34,921 |
| 5BR | $212,440 | — | — | — | $42,488 |
Market Trends
Home Value History (with trend line)
📊 How Does 52632 Compare?
| Metric | 52632 | Keokuk | Iowa |
|---|---|---|---|
| Home Value | $84,406 | $137,627 | $227,232 |
| 5-Year CAGR | 1.3% | 1.3% | 6.0% |
| Avg Rent | $855 | $842 | - |
| Cap Rate | 7.9% | 5.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 52632 (Keokuk, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $84,406 |
| Monthly Rent | $855 |
| Price-to-Rent | 8.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.2% |
| Cap Rate | 7.9% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | +1.3% ▲ |
| 10-Year CAGR | +1.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (7.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 52632
Population: 11,904
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 52632
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
Does Keokuk, IA meet the 1% rule for rental property?
Yes, many Keokuk, IA properties clear the 1% rule. The rent-to-price ratio averages 1.01%, supported by $855/mo rents.
Does house hacking make sense in Keokuk, IA?
House hacking in Keokuk, IA is an attractive. With home values around $84K and rents at $855/mo, owner-occupants can offset a meaningful share of PITI.
How expensive is real estate in Keokuk, IA?
Typical homes in Keokuk, IA go for around $84K. The 5-year CAGR of 0.0% measured price movement.
What do landlords charge for rent in Keokuk, IA?
Average rent in Keokuk, IA is approximately $855/mo per month. Against $84K home values that yields a reasonable rent-to-price ratio.
Is Keokuk, IA a viable BRRRR market?
Investors running BRRRR in Keokuk, IA see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
You know 52632 now. You don’t know where it ranks.
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How 52632 ranks in Fort Madison-Keokuk, IA-IL-MO
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