Real Estate Investing in Nabb, Indiana (47147)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Scott County • Population: 1,608 • Data updated: September 2026

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Should you buy in 47147 (Nabb, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.7% 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 Nabb, IN (47147)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $287,962
Avg Monthly Rent $1,017
1% Rule ✗ Does Not Meet
Median Income $49,840
% Renters 13.2%

Market Analysis: 47147 Nabb

ZIP 47147 inside Scott County looks affordable on the surface — median value of $288K — but the discount exists for reasons that a careful buyer should understand before committing.

Stepping back, the numbers look inviting — $288K purchase price, 0.0% nominal cap — the work to hit that pro forma in 47147 is substantial and deserves full respect.

In the broader IN picture, 47147 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 47147 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Nabb:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,017/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Scottsburg, IN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
12.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Scottsburg, IN metro data

Market Trends

Home Value History (with trend line)

$314K$272K$230K$188K$147K$105KSep 2007Feb 2017Jul 2026

📊 How Does 47147 Compare?

Metric 47147 Nabb Scottsburg, IN Indiana
Home Value $287,962 $287,962 N/A $248,442
5-Year CAGR 5.7% 5.7% N/A 7.7%
Avg Rent $1,017 $1,017 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 47147? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 47147 (Nabb, IN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+5.7%
Moderate

📉 Market Crash Risk Index

Based on Scottsburg, IN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $287,962
Monthly Rent $1,017
Price-to-Rent 23.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.8%
5-Year IRR 8.4%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +5.0% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +7.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
13.7%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 47147

Population: 1,608

💰 Median Household Income
$49,840
This area
$49,840
State
$69,164
USA
$74,580
🏠 Renter Occupied
13.2%
This area
13.2%
State
22.2%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-23.5%
USA
3.7%
🎓 College Educated
4.2%
This area
4.2%
State
-6.4%
USA
33.7%
👤 Median Age
50.1 years
This area
50.1 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
13.7%
This area
13.7%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
8.1%
This area
8.1%
USA
22.0%
👴 65 and Over
26.4%
This area
26.4%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

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

1 Nearby
C
Hanover College
1,157 students · 9.4 mi

Frequently Asked Questions

What is the investability score for Nabb, IN?

Nabb, IN stands at an investability rating of 3.0/5, with median home values near $288K and average rents around $1,017/mo. That combination puts it in the notable tier for investor interest.

What do landlords charge for rent in Nabb, IN?

Expect rents around $1,017/mo per month in Nabb, IN. With home values at $288K, the yield math works out to reasonable levels for rental investors.

What are vacancy rates like in Nabb, IN?

Nabb, IN sees elevated vacancy, which is reasonable relative to the broader IN rental market.

What approach is best for Nabb, IN real estate?

The best-fit strategy in Nabb, IN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What are home prices like in Nabb, IN?

Median home price in Nabb, IN is near $288K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.

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