Real Estate Investing in Leavenworth, Indiana (47137)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47137 (Leavenworth, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.2% of homes vacant — above national norms.
- Elevated poverty: 20.9% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Leavenworth, IN (47137)?
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Market Analysis: 47137 Leavenworth
ZIP 47137 in Leavenworth, IN carries a notable set of headwinds. Home values near $175K and rents of $963/mo sit inside a market where underwriting has to be tight.
The 47137 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 47137 and stronger Leavenworth ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 47137 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 47137 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 Leavenworth:
Property Strategy for 47137
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $133,254 | $1,070 | 5.8% | +10.7% | $66,627 |
| 3BR | $190,305 | $1,430 | 5.4% | +8.2% | $63,435 |
Market Trends
Home Value History (with trend line)
📊 How Does 47137 Compare?
| Metric | 47137 | Leavenworth | Indiana |
|---|---|---|---|
| Home Value | $174,999 | $174,999 | $248,442 |
| 5-Year CAGR | 7.3% | 7.3% | 7.7% |
| Avg Rent | $963 | $963 | - |
| Cap Rate | 4.3% | 4.3% | - |
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 47137 (Leavenworth, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,999 |
| Monthly Rent | $963 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (4.3%). 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 47137
Population: 1,266
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 47137
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
Should investors consider Leavenworth, IN?
The 3.0/5 investability rating in Leavenworth, IN reflects its $175K prices and $963/mo rents. Investors generally consider it a solid option within IN.
Are rents high in Leavenworth, IN?
Rents in Leavenworth, IN run near $963/mo. Compared with median home prices of $175K that produces solid gross yields for typical rentals.
Are there empty rentals in Leavenworth, IN?
Leavenworth, IN sees elevated vacancy, which is reasonable relative to the broader IN rental market.
What is the tenant pool like in Leavenworth, IN?
Expect a solid tenant pool in Leavenworth, IN. The rental market absorbs $963/mo rents without meaningful friction.
Is Leavenworth, IN a friendly market for rental owners?
For rental operators, Leavenworth, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 47137 now. You don’t know where it ranks.
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Community Ratings
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