Real Estate Investing in Yorktown, Indiana (47396)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47396 (Yorktown, 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: 9.8% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 26.1 — hard to cash-flow at these prices.
What’s happening in Yorktown, IN (47396)?
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Market Analysis: 47396 Yorktown
The 47396 ZIP covers a section of Yorktown that demands careful diligence. Prices near $261K look accessible, but the work to make a deal cash flow is real.
Stepping back, the numbers look inviting — $261K purchase price, 0.0% nominal cap — the work to hit that pro forma in 47396 is substantial and deserves full respect.
Within IN, ZIP 47396 trails on several market indicators that neighboring Delaware County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Employment concentration in 47396 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. impressive returns are possible in 47396, 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 Yorktown:
Property Strategy for 47396
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $159,184 | $1,010 | 4.6% | +9.1% | $79,592 |
| 3BR | $205,717 | $1,310 | 4.6% | +8.2% | $68,572 |
| 4BR | $361,581 | $1,630 | 3.2% | +7.2% | $90,395 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 47396 Compare?
| Metric | 47396 | Yorktown | Muncie, IN | Indiana |
|---|---|---|---|---|
| Home Value | $261,310 | $261,310 | N/A | $248,442 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.7% |
| Avg Rent | $835 | $835 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47396 (Yorktown, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $261,310 |
| Monthly Rent | $835 |
| Price-to-Rent | 26.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.5%). 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 47396
Population: 7,808
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 47396
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,042 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Yorktown, IN make sense for an investment property?
The 3.0/5 investability rating in Yorktown, IN reflects its $261K prices and $835/mo rents. Investors generally consider it a solid option within IN.
How do home values compare in Yorktown, IN?
In Yorktown, IN the median home value sits at $261K. Against the broader IN market, that reads as reasonable for most investors.
Are there empty rentals in Yorktown, IN?
Vacancy in Yorktown, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $835/mo.
Is Yorktown, IN a good market for FHA house hackers?
Yorktown, IN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $261K price point reasonable to enter.
What do rentals go for in Yorktown, IN?
Average rent in Yorktown, IN is approximately $835/mo per month. Against $261K home values that yields a reasonable rent-to-price ratio.
You know 47396 now. You don’t know where it ranks.
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How 47396 ranks in Muncie, IN
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