Real Estate Investing in Decker, Indiana (47524)
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Should you buy in 47524 (Decker, IN)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
No major risk flags on the data we track.
• 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 Decker, IN (47524)?
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Market Analysis: 47524 Decker
ZIP 47524 in Decker, IN carries a significant set of headwinds. Home values near $143K and rents of $864/mo sit inside a market where underwriting has to be tight.
The 47524 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 47524 sits on the difficult end of the IN spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 47524 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. significant returns are possible in 47524, 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 Decker:
Market Trends
Home Value History (with trend line)
📊 How Does 47524 Compare?
| Metric | 47524 | Decker | Vincennes, IN | Indiana |
|---|---|---|---|---|
| Home Value | $142,624 | $163,441 | N/A | $248,442 |
| 5-Year CAGR | 8.5% | 8.1% | N/A | 7.7% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 4.7% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47524 (Decker, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $142,624 |
| Monthly Rent | $864 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 13.2% |
📈 Home Appreciation
| 1-Year | +16.3% ▲ |
| 3-Year CAGR | +10.4% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 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 (4.7%). 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 47524
Population: 486
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
🎓 Nearby Colleges & Universities
Investor Insight: With 3,500 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Decker, IN rate as a rental market?
Decker, IN reports an investability rating of 3.0/5, with median home values near $143K and average rents around $864/mo. That combination puts it in the notable tier for investor interest.
What monthly rent should investors expect in Decker, IN?
Expect rents around $864/mo per month in Decker, IN. With home values at $143K, the yield math works out to reasonable levels for rental investors.
Is rental property easy to operate in Decker, IN?
For rental operators, Decker, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the typical vacancy rate in Decker, IN?
Vacancy risk in Decker, IN is elevated. That supports measured cash flow for typical rental holds.
What real estate strategy is ideal for Decker, IN?
A careful cash-flow rentals with hands-on management strategy Decker, IN best. The market produces steady results for that approach at the $143K price point.
You know 47524 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47524 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 47524 ranks in Vincennes, IN
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