Real Estate Investing in Lewisville, Indiana (47352)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47352 (Lewisville, IN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.1% vacancy may signal weakening demand.
• 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 Lewisville, IN (47352)?
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Market Analysis: 47352 Lewisville
The 47352 ZIP covers a section of Lewisville that demands careful diligence. Prices near $218K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47352 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
From an investor standpoint, 47352 offers a low basis, the region around Lewisville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 47352 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. notable returns are possible in 47352, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lewisville:
Property Strategy for 47352
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $143,478 | $1,040 | 5.2% | +8.7% | $71,739 |
| 3BR | $221,378 | $1,250 | 4.1% | +8.7% | $73,793 |
Market Trends
Home Value History (with trend line)
📊 How Does 47352 Compare?
| Metric | 47352 | Lewisville | New Castle, IN | Indiana |
|---|---|---|---|---|
| Home Value | $218,487 | $218,487 | N/A | $248,442 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47352 (Lewisville, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $218,487 |
| Monthly Rent | $936 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (3.3%). 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 47352
Population: 823
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
Frequently Asked Questions
Where do rents currently stand in Lewisville, IN?
Investors in Lewisville, IN typically see rents near $936/mo per month against $218K home values - a solid setup for rental cash flow.
What is the typical renter like in Lewisville, IN?
Lewisville, IN offers a reliable renter base at the $936/mo rent level. Tenant turnover is reasonable for well-managed properties.
What type of investing works in Lewisville, IN?
A careful cash-flow rentals with hands-on management strategy Lewisville, IN best. The market produces consistent results for that approach at the $218K price point.
What is it like being a landlord in Lewisville, IN?
IN law landlord-friendly for landlords, and Lewisville inherits those rules. Investors should still review local ordinances for rental licensing.
What price range are homes in Lewisville, IN?
Median home price in Lewisville, IN is near $218K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
You know 47352 now. You don’t know where it ranks.
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How 47352 ranks in New Castle, IN
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