Real Estate Investing in Kouts, Indiana (46347)

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

Porter County • Population: 4,778 • Data updated: September 2026

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Should you buy in 46347 (Kouts, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

No major risk flags on the data we track.

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

What’s happening in Kouts, IN (46347)?

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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 $318,030
Avg Monthly Rent $1,116
1% Rule ✗ Does Not Meet
Median Income $87,716
% Renters 13.1%

Market Analysis: 46347 Kouts

This part of Porter County is not an easy win. The 46347 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.

For an experienced owner, 46347 can be a a solid fit for hunting ground — but the discount at $318K reflects genuine risk that outside investors often underestimate.

Within IN, ZIP 46347 trails on several market indicators that neighboring Porter County submarkets outperform. The gap is real and durable enough to shape underwriting.

Employment concentration in 46347 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 46347 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Kouts:

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 3.6× the median income
Value Trend
Rising (+5.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,116/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 46347

Which property type performs best in this market?

Best for Cash Flow
2BR
4.0% cap rate
Best for Appreciation
2BR
+8.0% 5yr CAGR
Best Overall Value
4BR
$88,130/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $221,960 $1,240 4.0% +8.0% $110,980
3BR $304,325 $1,550 3.7% +7.2% $101,442
4BR $352,519 $1,690 3.5% +7.1% $88,130

Market Trends

Home Value History (with trend line)

$331K$294K$257K$220K$182K$145KJul 2006Jul 2016Jul 2026

📊 How Does 46347 Compare?

Metric 46347 Kouts Indiana
Home Value $318,030 $318,030 $248,442
5-Year CAGR 5.5% 5.5% 7.7%
Avg Rent $1,116 $1,116 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 46347? 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 46347 (Kouts, IN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+5.5%
Moderate

📊 Market Snapshot

Home Value $318,030
Monthly Rent $1,116
Price-to-Rent 23.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +5.4% ▲
3-Year CAGR +4.3% ▲
5-Year CAGR +5.5% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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
4.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 46347

Population: 4,778

💰 Median Household Income
$87,716
This area
$87,716
State
$69,164
USA
$74,580
🏠 Renter Occupied
13.1%
This area
13.1%
State
22.2%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-23.5%
USA
3.7%
🎓 College Educated
22.4%
This area
22.4%
State
-6.4%
USA
33.7%
👤 Median Age
41.3 years
This area
41.3 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
4.3%
This area
4.3%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 97.8%
Other/Mixed 2.1%
Hispanic/Latino 1.4%
👶 Under 18
25.7%
This area
25.7%
USA
22.0%
👴 65 and Over
17.1%
This area
17.1%
USA
17.3%
📊 Poverty Rate
2.2%
This area
2.2%
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 46347

B+ Avg School Grade
2 Schools
14.4:1 Avg Class Size
$13,533 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Kouts Elementary School

📚 K – 05 Elementary
👥
319 Students
👨‍🏫
14.8:1 Class Size
💰
$13,533 Per Student
B+ Above Average

Kouts Middle/High School

📚 06 – 12 High School
👥
411 Students
👨‍🏫
13.9:1 Class Size
💰
$13,533 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.

🎓 Nearby Colleges & Universities

2 Nearby
C+
Valparaiso University
2,846 students · 11.0 mi
F
College of Court Reporting Inc
191 students · 11.6 mi

Frequently Asked Questions

How strong are rents in Kouts, IN?

The typical rental in Kouts, IN commands about $1,116/mo monthly. That rent profile steady cash flow against the $318K purchase basis.

What kind of tenants rent in Kouts, IN?

Tenant quality in Kouts, IN ranks as solid. Landlords generally report measured occupancy at market rents of $1,116/mo.

How does Kouts, IN rate as a rental market?

Kouts, IN scores 3.0/5 for investability. Home values sit at $318K and rents near $1,116/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is house hacking profitable in Kouts, IN?

House hacking works a challenging in Kouts, IN. Rents of $1,116/mo against $318K acquisition make the strategy solid for owner-occupants.

How high is vacancy risk in Kouts, IN?

Vacancy risk in Kouts, IN is elevated. That supports steady cash flow for typical rental holds.

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How 46347 ranks in Chicago-Naperville-Elgin, IL-IN-WI

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Cash Flow → Appreciation → Affordable → 1% Rule →
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