Real Estate Investing in Lanesville, Indiana (47136)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47136 (Lanesville, 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: 9.9% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 27.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lanesville, IN (47136)?
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Market Analysis: 47136 Lanesville
The 47136 ZIP in Lanesville, IN is a local-operator market. Outside capital chasing a $347K entry has to pair deep knowledge with the discount.
The 47136 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 47136 sits on the difficult end of the IN spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The 47136 ZIP's population of 4,787 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 47136 is an operator game, not a passive one. Meanwhile, entry prices of $347K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lanesville:
Property Strategy for 47136
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $222,263 | $1,180 | 3.8% | +6.6% | $111,131 |
| 3BR | $299,043 | $1,510 | 3.6% | +6.6% | $99,681 |
| 4BR | $428,398 | $1,750 | 2.9% | +5.9% | $107,099 |
Market Trends
Home Value History (with trend line)
📊 How Does 47136 Compare?
| Metric | 47136 | Lanesville | Indiana |
|---|---|---|---|
| Home Value | $346,576 | $346,576 | $248,442 |
| 5-Year CAGR | 5.0% | 5.0% | 7.7% |
| Avg Rent | $1,062 | $1,062 | - |
| Cap Rate | 2.4% | 2.4% | - |
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 47136 (Lanesville, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $346,576 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 27.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (2.4%). 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 47136
Population: 4,787
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 47136
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 14,145 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Lanesville, IN?
Expect rents around $1,062/mo per month in Lanesville, IN. With home values at $347K, the yield math works out to reasonable levels for rental investors.
How should investors approach Lanesville, IN?
In Lanesville, IN the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $347K prices and $1,062/mo rents suits that approach.
Should investors consider Lanesville, IN?
With a 3.0/5 investability score, Lanesville, IN ranks as a solid market for rental property investors. Median prices of $347K and rents of $1,062/mo drive the underlying numbers.
How strong is the working-renter base in Lanesville, IN?
The renter base in Lanesville, IN is reasonable for the $1,062/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Are there empty rentals in Lanesville, IN?
Lanesville, IN sees elevated vacancy, which is reasonable relative to the broader IN rental market.
You know 47136 now. You don’t know where it ranks.
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How 47136 ranks in Louisville/Jefferson County, KY-IN
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