Real Estate Investing in Winslow, Indiana (47598)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47598 (Winslow, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Winslow, IN (47598)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47598 Winslow
ZIP 47598 inside Pike County looks affordable on the surface — median value of $175K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47598 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 47598 and stronger Winslow ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 47598 ZIP's population of 2,908 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Experienced landlords with local relationships tend to find 47598 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Winslow:
Property Strategy for 47598
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,152 | $1,050 | 6.5% | +9.6% | $58,576 |
| 3BR | $203,790 | $1,460 | 5.2% | +8.3% | $67,930 |
| 4BR | $220,385 | $1,480 | 4.8% | +8.8% | $55,096 |
Market Trends
Home Value History (with trend line)
📊 How Does 47598 Compare?
| Metric | 47598 | Winslow | Jasper, IN | Indiana |
|---|---|---|---|---|
| Home Value | $175,383 | $214,390 | N/A | $248,442 |
| 5-Year CAGR | 8.3% | 7.8% | N/A | 7.7% |
| Avg Rent | $945 | $923 | N/A | - |
| Cap Rate | 4.2% | 3.5% | - | - |
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 47598 (Winslow, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $175,383 |
| Monthly Rent | $945 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +16.8% ▲ |
| 3-Year CAGR | +9.4% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 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 (4.2%). 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 47598
Population: 2,908
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 47598
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 much does a house cost in Winslow, IN?
Homes in Winslow, IN typically sell near $175K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
How deep is the rental pool in Winslow, IN?
Expect a solid tenant pool in Winslow, IN. The rental market absorbs $945/mo rents without meaningful friction.
What strategy should investors use in Winslow, IN?
Investors usually favor careful cash-flow rentals with hands-on management in Winslow, IN. With home values at $175K and rents near $945/mo, other strategies can work but produce predictable rather than outsized returns.
Is real estate in Winslow, IN a good investment right now?
Winslow, IN rates 3.0/5 for investability. With median values at $175K and rents near $945/mo, the market offers reasonable fundamentals for rental investors.
What is the typical rental rate in Winslow, IN?
The typical rental in Winslow, IN commands about $945/mo monthly. That rent profile measured cash flow against the $175K purchase basis.
You know 47598 now. You don’t know where it ranks.
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How 47598 ranks in Jasper, IN
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