Real Estate Investing in Osgood, Indiana (47037)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47037 (Osgood, 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.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Osgood, IN (47037)?
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Market Analysis: 47037 Osgood
ZIP 47037 in Osgood, IN carries a durable set of headwinds. Home values near $256K and rents of $864/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47037 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 47037 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 47037 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 47037 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Osgood:
Property Strategy for 47037
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $174,617 | $960 | 4.0% | +8.2% | $87,309 |
| 3BR | $253,877 | $1,260 | 3.6% | +7.9% | $84,626 |
| 4BR | $324,984 | $1,390 | 3.1% | +8.8% | $81,246 |
Market Trends
Home Value History (with trend line)
📊 How Does 47037 Compare?
| Metric | 47037 | Osgood | Indiana |
|---|---|---|---|
| Home Value | $255,741 | $255,741 | $248,442 |
| 5-Year CAGR | 5.5% | 5.5% | 7.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 2.6% | 2.6% | - |
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 47037 (Osgood, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $255,741 |
| Monthly Rent | $864 |
| Price-to-Rent | 24.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.6%). 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 47037
Population: 4,289
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 47037
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
Is IN a landlord-friendly state?
The landlord environment in Osgood, IN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is the tenant base reliable in Osgood, IN?
Tenant demand in Osgood, IN is solid. The local workforce $864/mo rents across most rental classes.
What is the median home value in Osgood, IN?
Expect median prices around $256K in Osgood, IN. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
How does Osgood, IN stack up for property investment?
Yes - Osgood, IN a 3.0/5 investability score. With $256K home prices against $864/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much is rent in Osgood, IN?
Rents in Osgood, IN run near $864/mo. Compared with median home prices of $256K that produces solid gross yields for typical rentals.
You know 47037 now. You don’t know where it ranks.
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Community Ratings
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