Real Estate Investing in Dupont, Indiana (47231)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47231 (Dupont, 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: 14.3% of homes vacant — above national norms.
- Elevated poverty: 21.1% poverty rate — can affect rent collection.
- Higher unemployment: 7.4% unemployment — tenant risk signal.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dupont, IN (47231)?
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Market Analysis: 47231 Dupont
ZIP 47231 inside Jefferson County looks affordable on the surface — median value of $224K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 47231 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader IN picture, 47231 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 47231 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 47231 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Dupont:
Market Trends
Home Value History (with trend line)
📊 How Does 47231 Compare?
| Metric | 47231 | Dupont | Madison, IN | Indiana |
|---|---|---|---|---|
| Home Value | $224,066 | $224,066 | N/A | $248,442 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 7.7% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47231 (Dupont, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $224,066 |
| Monthly Rent | $972 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (3.4%). 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 47231
Population: 742
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
Frequently Asked Questions
What is the average home sale price in Dupont, IN?
Expect median prices around $224K in Dupont, IN. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
What kind of tenants rent in Dupont, IN?
Tenant quality in Dupont, IN ranks as solid. Landlords generally report consistent occupancy at market rents of $972/mo.
What is the typical rental rate in Dupont, IN?
The typical rental in Dupont, IN commands about $972/mo monthly. That rent profile measured cash flow against the $224K purchase basis.
How does Dupont, IN stack up for property investment?
Yes - Dupont, IN a 3.0/5 investability score. With $224K home prices against $972/mo monthly rent, the market delivers a reasonable entry point for new investors.
What investment strategy works best in Dupont, IN?
In Dupont, IN the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $224K prices and $972/mo rents suits that approach.
You know 47231 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47231 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 47231 ranks in Madison, IN
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