Real Estate Investing in Edwardsport, Indiana (47535)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47535 (Edwardsport, 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 Edwardsport, IN (47535)?
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Market Analysis: 47535 Edwardsport
Investors eyeing 47535 need to respect the fundamentals at play. Home values of $123K come alongside slower price movement and elevated management overhead.
Rent of $891/mo on a $123K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 47535 sits below the stated 0.0% once reality is priced in.
Within IN, ZIP 47535 trails on several market indicators that neighboring Knox County submarkets outperform. The gap is real and robust enough to shape underwriting.
The demographic picture in 47535 includes headwinds that any investor should price in. Income distribution skews lower than Edwardsport averages, and tenant stability requires active management.
New investors are better served looking at Edwardsport's stable or hybrid ZIPs before stepping into 47535. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Edwardsport:
Market Trends
Home Value History (with trend line)
📊 How Does 47535 Compare?
| Metric | 47535 | Edwardsport | Vincennes, IN | Indiana |
|---|---|---|---|---|
| Home Value | $123,405 | $134,361 | N/A | $248,442 |
| 5-Year CAGR | 8.2% | 8.3% | N/A | 7.7% |
| Avg Rent | $891 | $900 | N/A | - |
| Cap Rate | 5.6% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47535 (Edwardsport, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $123,405 |
| Monthly Rent | $891 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.6% |
| 5-Year IRR | 13.9% |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (5.6%). 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 47535
Population: 776
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
How does Edwardsport, IN stack up for property investment?
Yes - Edwardsport, IN a 3.0/5 investability score. With $123K home prices against $891/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much rent can I charge in Edwardsport, IN?
Edwardsport, IN rentals go for roughly $891/mo a month. That puts gross yield in solid territory relative to $123K acquisition costs.
What is the best play in Edwardsport, IN?
For Edwardsport, IN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Can I house hack in Edwardsport, IN?
Edwardsport, IN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $123K price point reasonable to enter.
Are there empty rentals in Edwardsport, IN?
Vacancy in Edwardsport, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $891/mo.
You know 47535 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47535 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 47535 ranks in Vincennes, IN
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