Real Estate Investing in Bath, Indiana (47010)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47010 (Bath, IN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated poverty: 35.4% poverty rate — can affect rent collection.
• 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 Bath, IN (47010)?
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Market Analysis: 47010 Bath
Not every below-median market is a bargain. Bath's 47010 ZIP stands at signals that favor experienced operators who can absorb the risk $269K pricing implies.
The investment case in 47010 is robust only for operators who understand what they are buying. A $269K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader IN picture, 47010 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 47010 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 47010 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 Bath:
Market Trends
Home Value History (with trend line)
📊 How Does 47010 Compare?
| Metric | 47010 | Bath | Cincinnati, OH-KY-IN | Indiana |
|---|---|---|---|---|
| Home Value | $268,774 | $225,425 | N/A | $248,442 |
| 5-Year CAGR | N/A | 6.2% | N/A | 7.7% |
| Avg Rent | $963 | $914 | N/A | - |
| Cap Rate | 2.8% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47010 (Bath, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $268,774 |
| Monthly Rent | $963 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 17.3% |
📈 Home Appreciation
| 1-Year | +14.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.8%). 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 47010
Population: 154
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How viable is house hacking in Bath, IN?
The house hack math a challenging in Bath, IN. Owner-occupant buyers benefit from the $963/mo rents and $269K home values.
Are tenants stable in Bath, IN?
Working renters make up the core of the Bath, IN tenant base. The pool is reasonable for investors targeting long-term holds.
Is Bath in IN worth investing in?
Our data puts Bath, IN at 2.0/5 for investability. Home prices of $269K and rents around $963/mo create a solid backdrop for investor activity.
Is rental property easy to operate in Bath, IN?
Landlord-friendliness in Bath, IN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do landlords face vacancy issues in Bath, IN?
Expect elevated vacancy in Bath, IN. Rents at $963/mo are absorbed by the tenant base without meaningful lag.
You know 47010 now. You don’t know where it ranks.
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How 47010 ranks in Cincinnati, OH-KY-IN
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