Real Estate Investing in Roann, Indiana

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

1 ZIP codes • Population: 1,565 • Wabash County

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Should you buy in Roann, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
  • High vacancy: 13.5% of homes vacant — above national norms.

What’s happening in Roann, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $235,935
Avg Monthly Rent $945
ZIP Codes 1

Investing in Roann Real Estate

Roann in Indiana is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Investors considering Roann, IN should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Market conditions in Roann are modest. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Distressed-leaning demographics in Roann — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Wabash, IN

Roann is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$235,935
Avg Monthly Rent
$945
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Wabash, IN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Wabash, IN metro
0
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Roann, IN

Screen every ZIP in Roann

Filter Roann’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Roann, IN

What kind of market is Roann, IN for investors?

Our data puts Roann, IN at 3.0/5 for investability. Home prices of $236K and rents around $945/mo create a solid backdrop for investor activity.

What are rental rates like in Roann, IN?

Rental rates in Roann, IN average $945/mo. Tenant demand and $236K home values make the yield look reasonable by investor standards.

How should investors approach Roann, IN?

In Roann, IN the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $236K prices and $945/mo rents suits that approach.

Are there empty rentals in Roann, IN?

Vacancy in Roann, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $945/mo.

Are landlord laws favorable in Roann, IN?

Rental owners in Roann, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

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