Real Estate Investing in Jasper, Indiana (47546)
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Should you buy in 47546 (Jasper, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Jasper, IN (47546)?
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Market Analysis: 47546 Jasper
This part of Dubois County is not an easy win. The 47546 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 47546 can be a a strong candidate for hunting ground — but the discount at $272K reflects genuine risk that outside investors often underestimate.
In practical terms, 47546 offers a low basis, the region around Jasper has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 47546 includes headwinds that any investor should price in. Income distribution skews lower than Jasper averages, and tenant stability requires active management.
The right play in 47546 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 Jasper:
Property Strategy for 47546
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $169,681 | $960 | 4.1% | +7.3% | $84,841 |
| 3BR | $258,717 | $1,330 | 3.7% | +6.8% | $86,239 |
| 4BR | $334,254 | $1,600 | 3.4% | +5.8% | $83,564 |
| 5BR | $405,099 | — | — | +6.2% | $81,020 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 47546 Compare?
| Metric | 47546 | Jasper | Jasper, IN | Indiana |
|---|---|---|---|---|
| Home Value | $272,290 | $136,145 | N/A | $248,442 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.7% |
| Avg Rent | $1,500 | $1,500 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47546 (Jasper, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $272,290 |
| Monthly Rent | $1,500 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (4.3%). 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 47546
Population: 22,376
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 47546
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.
Frequently Asked Questions
Where do home prices stand in Jasper, IN?
Homes in Jasper, IN typically sell near $272K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What type of investing works in Jasper, IN?
Jasper, IN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($272K prices, $1,500/mo rents) make it a reasonable choice.
How strong is tenant demand in Jasper, IN?
The renter base in Jasper, IN is reasonable for the $1,500/mo price point. Screening well and pricing to market typically yields predictable tenants.
How does Jasper, IN stack up for property investment?
Jasper, IN rates 3.0/5 for investability. With median values at $272K and rents near $1,500/mo, the market offers reasonable fundamentals for rental investors.
Is Jasper, IN suited for a house hack?
Jasper, IN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,500/mo rent level.
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How 47546 ranks in Jasper, IN
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