Real Estate Investing in Lake Village, Indiana (46379)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46379 (Lake Village, IN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -1.6% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 18.1% in the last year.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lake Village, IN (46379)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46379 Lake Village
The 46379 ZIP in Lake Village is not a pristine, turnkey story — it is a value-add map. Stock is older, prices near $77K are approachable, and upside sits in the rehab line.
ZIP 46379 favors investors with a contractor on speed dial. Stepping back, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $1,098/mo average.
The an appealing option for piece of regional context is that nearby ZIPs with newer stock and higher basis have priced out of the value-add game. 46379 has not.
The 46379 ZIP's demographic trend has been one of stability with upside — population of 267, steady renter share, and an incoming cohort that is willing to pay for improved units.
The sturdy opportunity in 46379 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 Lake Village:
Market Trends
Home Value History (with trend line)
📊 How Does 46379 Compare?
| Metric | 46379 | Lake Village | Indiana |
|---|---|---|---|
| Home Value | $76,634 | $197,634 | $248,442 |
| 5-Year CAGR | N/A | 1.9% | 7.7% |
| Avg Rent | $1,098 | $1,080 | - |
| Cap Rate | 11.2% | 6.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46379 (Lake Village, IN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 46379 (Lake Village, IN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $76,634 |
| Monthly Rent | $1,098 |
| Price-to-Rent | 5.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 17.2% |
| Cap Rate | 11.2% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | -18.1% ▼ |
| 3-Year CAGR | -4.0% ▼ |
| 5-Year CAGR | -1.6% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (11.2%) 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 46379
Population: 267
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
Frequently Asked Questions
Is Lake Village, IN a good market for FHA house hackers?
The house hack math an attractive in Lake Village, IN. Owner-occupant buyers benefit from the $1,098/mo rents and $77K home values.
Is Lake Village, IN a viable BRRRR market?
Yes - BRRRR is a strong in Lake Village, IN. The $77K home values and $1,098/mo rents anchor the refinance math.
Is housing expensive in Lake Village, IN?
Typical homes in Lake Village, IN go for around $77K. The 5-year CAGR of 0.0% predictable price movement.
How does Lake Village, IN stack up for property investment?
With a 4.0/5 investability score, Lake Village, IN ranks as a solid market for rental property investors. Median prices of $77K and rents of $1,098/mo drive the underlying numbers.
Can investors hit the 1% rule in Lake Village, IN?
With rents of $1,098/mo on $77K homes, Lake Village, IN close to the 1% rule for most properties. The actual rent-to-price ratio is 1.43%.
You know 46379 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 46379 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.
How 46379 ranks in Chicago-Naperville-Elgin, IL-IN-WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 46379 (Lake Village)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 46379 (Lake Village, IN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.