Real Estate Investing in Gosport, Indiana (47433)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47433 (Gosport, 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.
- High vacancy: 14.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gosport, IN (47433)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47433 Gosport
Investors eyeing 47433 need to respect the fundamentals at play. Home values of $250K come alongside slower price movement and elevated management overhead.
For an experienced owner, 47433 can be a a credible choice for hunting ground — but the discount at $250K reflects genuine risk that outside investors often underestimate.
ZIP 47433's metrics run below Owen County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 47433 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.
The right play in 47433 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 Gosport:
Property Strategy for 47433
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $178,950 | $1,100 | 4.4% | +8.7% | $89,475 |
| 3BR | $256,531 | $1,440 | 4.0% | +7.7% | $85,510 |
| 4BR | $335,428 | $1,730 | 3.7% | +8.2% | $83,857 |
Market Trends
Home Value History (with trend line)
📊 How Does 47433 Compare?
| Metric | 47433 | Gosport | Bloomington, IN | Indiana |
|---|---|---|---|---|
| Home Value | $250,195 | $250,195 | N/A | $248,442 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.7% |
| Avg Rent | $990 | $990 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 47433 (Gosport, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $250,195 |
| Monthly Rent | $990 |
| Price-to-Rent | 21.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 (3.1%). 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 47433
Population: 3,722
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 47433
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 1,188 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Gosport, IN?
Yes - Gosport, IN a 3.0/5 investability score. With $250K home prices against $990/mo monthly rent, the market delivers a reasonable entry point for new investors.
How strong is the working-renter base in Gosport, IN?
Tenant demand in Gosport, IN is solid. The local workforce $990/mo rents across most rental classes.
What are rental rates like in Gosport, IN?
Average rent in Gosport, IN is approximately $990/mo per month. Against $250K home values that yields a reasonable rent-to-price ratio.
Is house hacking profitable in Gosport, IN?
House hacking works a challenging in Gosport, IN. Rents of $990/mo against $250K acquisition make the strategy solid for owner-occupants.
What is the smart move for investors in Gosport, IN?
Most investors in Gosport, IN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 47433 now. You don’t know where it ranks.
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How 47433 ranks in Bloomington, IN
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