Real Estate Investing in Medora, Indiana (47260)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47260 (Medora, 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.
- Elevated vacancy: 11.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Medora, IN (47260)?
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Market Analysis: 47260 Medora
Meanwhile, ZIP 47260 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $192K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $192K asset, 47260 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 47260 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 47260 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
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.
Here's what matters if you're considering buying a home in Medora:
Property Strategy for 47260
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $134,757 | $1,000 | 5.3% | +8.0% | $67,378 |
| 3BR | $214,752 | $1,250 | 4.2% | +7.8% | $71,584 |
Market Trends
Home Value History (with trend line)
📊 How Does 47260 Compare?
| Metric | 47260 | Medora | Seymour, IN | Indiana |
|---|---|---|---|---|
| Home Value | $191,959 | $191,959 | N/A | $248,442 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.7% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47260 (Medora, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $191,959 |
| Monthly Rent | $900 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.7%). 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 47260
Population: 1,909
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 47260
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 is the investability score for Medora, IN?
Yes - Medora, IN a 3.0/5 investability score. With $192K home prices against $900/mo monthly rent, the market delivers a reasonable entry point for new investors.
How strong is tenant demand in Medora, IN?
Working renters make up the core of the Medora, IN tenant base. The pool is reasonable for investors targeting long-term holds.
What do rentals go for in Medora, IN?
Rental rates in Medora, IN average $900/mo. Tenant demand and $192K home values make the yield look reasonable by investor standards.
What are home prices like in Medora, IN?
The median home value in Medora, IN is roughly $192K. That puts it reasonable relative to the IN statewide average.
What is the rental occupancy rate in Medora, IN?
Medora, IN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 47260 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47260 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 47260 ranks in Seymour, IN
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