Real Estate Investing in Brownstown, Indiana (47220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47220 (Brownstown, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Brownstown, IN (47220)?
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Market Analysis: 47220 Brownstown
Investors eyeing 47220 need to respect the fundamentals at play. Home values of $248K come alongside slower price movement and elevated management overhead.
Rent of $864/mo on a $248K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 47220 sits below the stated 0.0% once reality is priced in.
The gap between 47220 and stronger Brownstown ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A notable renter share of 17% in 47220 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 47220 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Brownstown:
Property Strategy for 47220
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $169,981 | $960 | 4.1% | +7.1% | $84,991 |
| 3BR | $255,827 | $1,200 | 3.4% | +7.4% | $85,276 |
| 4BR | $350,983 | $1,270 | 2.6% | +7.1% | $87,746 |
Market Trends
Home Value History (with trend line)
📊 How Does 47220 Compare?
| Metric | 47220 | Brownstown | Seymour, IN | Indiana |
|---|---|---|---|---|
| Home Value | $247,920 | $249,223 | N/A | $248,442 |
| 5-Year CAGR | 5.5% | 5.4% | N/A | 7.7% |
| Avg Rent | $864 | $900 | N/A | - |
| Cap Rate | 2.7% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47220 (Brownstown, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $247,920 |
| Monthly Rent | $864 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.7%). 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 47220
Population: 6,070
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 47220
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 vacancy rates like in Brownstown, IN?
Vacancy in Brownstown, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.
Is Brownstown, IN a smart market for rental property?
With a 3.0/5 investability score, Brownstown, IN ranks as a solid market for rental property investors. Median prices of $248K and rents of $864/mo drive the underlying numbers.
What is the average home sale price in Brownstown, IN?
Expect median prices around $248K in Brownstown, IN. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Does house hacking work in Brownstown, IN?
House hacking in Brownstown, IN is reasonable to execute. Prices around $248K and rents of $864/mo solid owner-occupant economics.
What is the typical renter like in Brownstown, IN?
Tenant quality in Brownstown, IN ranks as solid. Landlords generally report even-keeled occupancy at market rents of $864/mo.
You know 47220 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47220 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 47220 ranks in Seymour, IN
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