Real Estate Investing in Campbellsburg, Indiana (47108)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47108 (Campbellsburg, 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: 12.9% 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 Campbellsburg, IN (47108)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47108 Campbellsburg
Not every below-median market is a bargain. Campbellsburg's 47108 ZIP records signals that favor experienced operators who can absorb the risk $202K pricing implies.
The investment case in 47108 is resilient only for operators who understand what they are buying. A $202K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Put differently, 47108 offers a low basis, the region around Campbellsburg has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 47108 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 47108 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 Campbellsburg:
Property Strategy for 47108
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $126,267 | $1,060 | 6.0% | +4.5% | $63,133 |
| 3BR | $200,762 | $1,270 | 4.6% | +6.1% | $66,921 |
| 4BR | $241,379 | $1,410 | 4.2% | +5.9% | $60,345 |
Market Trends
Home Value History (with trend line)
📊 How Does 47108 Compare?
| Metric | 47108 | Campbellsburg | Indiana |
|---|---|---|---|
| Home Value | $201,649 | $201,649 | $248,442 |
| 5-Year CAGR | 4.6% | 4.6% | 7.7% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 3.7% | 3.7% | - |
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 47108 (Campbellsburg, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,649 |
| Monthly Rent | $954 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (3.7%). 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.
Demographics in 47108
Population: 2,003
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 47108
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 are home prices like in Campbellsburg, IN?
The median home value in Campbellsburg, IN is roughly $202K. That puts it reasonable relative to the IN statewide average.
What kind of market is Campbellsburg, IN for investors?
Our data puts Campbellsburg, IN at 3.0/5 for investability. Home prices of $202K and rents around $954/mo create a solid backdrop for investor activity.
Are eviction rules reasonable in Campbellsburg, IN?
For rental operators, Campbellsburg, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the typical rental rate in Campbellsburg, IN?
Investors in Campbellsburg, IN typically see rents near $954/mo per month against $202K home values - a solid setup for rental cash flow.
Are tenants stable in Campbellsburg, IN?
Working renters make up the core of the Campbellsburg, IN tenant base. The pool is reasonable for investors targeting long-term holds.
You know 47108 now. You don’t know where it ranks.
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