Location: Keokuk County, IA | Metro: Jefferson County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
U.S. Census Bureau data (2024)
The ZIP code 52576 presents a unique scenario when evaluated against the criteria of yield and stability for real estate investment. To understand its position, let's break down the available data.
Yield is assessed based on the Fair Market Rent (FMR), which stands at $930 for the fiscal year 2026 in the metro area. This figure is crucial as it represents the average rent that tenants can afford, indicating potential rental income. However, the market rent for this ZIP code is not available, suggesting that there might be limited competition or data on actual rental rates. The median home value is $124,448, providing insight into the capital investment required. When comparing the FMR to the median home value, the potential yield appears modest, but it is significantly influenced by the lack of specific market rent data.
Stability is gauged by examining the percentage of renters, the number of days on the market (DOM), and the median household income. In ZIP 52576, 6.0% of residents are renters, which is relatively low, implying that the demand for rental properties is also low. The DOM data is not available, which means we cannot determine how quickly properties are being rented out once listed. Lastly, the median household income is $63,750, which is an important factor for assessing the economic health and ability of residents to pay rent.
Given these figures, ZIP 52576 leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The low percentage of renters suggests stability in terms of property turnover, but it also indicates limited opportunities for high rental yields. With a median household income of $63,750, there is a moderate level of financial security among the residents, supporting the notion of steady cash flow over speculative gains.
To summarize, while the yield potential is unclear due to the lack of market rent data, the stability factors suggest a conservative approach is advisable. Landlords and small-portfolio investors should focus on long-term, stable returns rather than short-term flips in this market.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.