Real Estate Investing in Dale, Indiana (47523)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47523 (Dale, 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: 15.9% 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 Dale, IN (47523)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47523 Dale
The 47523 ZIP covers a section of Dale that demands careful diligence. Prices near $208K 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 47523 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Dale have seen price recovery that 47523 has not matched. Spencer County data supports the view that the spread is structural rather than temporary.
Resident income in 47523 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. substantial returns are possible in 47523, 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 Dale:
Property Strategy for 47523
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $151,178 | $980 | 4.7% | +8.0% | $75,589 |
| 3BR | $209,115 | $1,330 | 4.6% | +7.6% | $69,705 |
| 4BR | $275,822 | $1,420 | 3.7% | +6.4% | $68,955 |
Market Trends
Home Value History (with trend line)
📊 How Does 47523 Compare?
| Metric | 47523 | Dale | Evansville, IN-KY | Indiana |
|---|---|---|---|---|
| Home Value | $207,772 | $207,772 | N/A | $248,442 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.7% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 47523 (Dale, IN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 47523 (Dale, IN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $207,772 |
| Monthly Rent | $882 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 47523
Population: 3,518
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 47523
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
Frequently Asked Questions
How expensive is real estate in Dale, IN?
The median home value in Dale, IN is roughly $208K. That puts it reasonable relative to the IN statewide average.
How strong is tenant demand in Dale, IN?
Working renters make up the core of the Dale, IN tenant base. The pool is reasonable for investors targeting long-term holds.
Are rents high in Dale, IN?
Rents in Dale, IN run near $882/mo. Compared with median home prices of $208K that produces solid gross yields for typical rentals.
How strict are landlord regulations in Dale, IN?
Rental owners in Dale, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the investability score for Dale, IN?
Dale, IN registers an investability rating of 3.0/5, with median home values near $208K and average rents around $882/mo. That combination puts it in the substantial tier for investor interest.
You know 47523 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47523 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 47523 ranks in Evansville, IN-KY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 47523 (Dale)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 47523 (Dale, IN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.