Real Estate Investing in Denver, Indiana (46926)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46926 (Denver, IN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Denver, IN (46926)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46926 Denver
The 46926 ZIP in Denver, IN is a local-operator market. Outside capital chasing a $201K entry has to pair deep knowledge with the discount.
From a cash-flow lens, the numbers look inviting — $201K purchase price, 0.0% nominal cap — the work to hit that pro forma in 46926 is substantial and deserves full respect.
Statewide comparisons place 46926 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 46926 ZIP's population of 1,414 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The 46926 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Denver:
Property Strategy for 46926
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $137,511 | $960 | 5.0% | +7.2% | $68,755 |
| 3BR | $179,533 | $1,150 | 4.6% | +6.9% | $59,844 |
| 4BR | $196,585 | $1,350 | 4.9% | +7.2% | $49,146 |
Market Trends
Home Value History (with trend line)
📊 How Does 46926 Compare?
| Metric | 46926 | Denver | Peru, IN | Indiana |
|---|---|---|---|---|
| Home Value | $200,633 | $200,633 | N/A | $248,442 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 46926 (Denver, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $200,633 |
| Monthly Rent | $864 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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.
Demographics in 46926
Population: 1,414
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 46926
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
What is the best play in Denver, IN?
For Denver, IN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is vacancy a concern in Denver, IN?
Rental vacancy in Denver, IN is elevated. Investors should budget normal turnover but not chronic empty units.
What are home prices like in Denver, IN?
The median home value in Denver, IN is roughly $201K. That puts it reasonable relative to the IN statewide average.
Is Denver, IN good for house hacking?
The house hack math a challenging in Denver, IN. Owner-occupant buyers benefit from the $864/mo rents and $201K home values.
What do rentals go for in Denver, IN?
Rental rates in Denver, IN average $864/mo. Tenant demand and $201K home values make the yield look reasonable by investor standards.
You know 46926 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 46926 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 46926 ranks in Peru, IN
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