Real Estate Investing in Evansville, Indiana (47725)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47725 (Evansville, IN)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Evansville, IN (47725)?
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Market Analysis: 47725 Evansville
ZIP 47725 in Evansville, IN carries a notable set of headwinds. Home values near $330K and rents of $1,422/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47725 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
From a cash-flow lens, 47725 offers a low basis, the region around Evansville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A healthy renter share of 3% in 47725 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 47725 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Evansville:
Property Strategy for 47725
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $225,842 | $1,580 | 5.0% | +7.3% | $112,921 |
| 3BR | $291,083 | $1,940 | 4.8% | +6.8% | $97,028 |
| 4BR | $399,546 | $2,180 | 3.9% | +5.9% | $99,886 |
| 5BR | $571,618 | — | — | +6.4% | $114,324 |
Market Trends
Home Value History (with trend line)
📊 How Does 47725 Compare?
| Metric | 47725 | Evansville | Evansville, IN-KY | Indiana |
|---|---|---|---|---|
| Home Value | $329,962 | $59,067 | N/A | $248,442 |
| 5-Year CAGR | 4.6% | 6.1% | N/A | 7.7% |
| Avg Rent | $1,422 | $1,137 | N/A | - |
| Cap Rate | 3.4% | 4.6% | - | - |
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 47725 (Evansville, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $329,962 |
| Monthly Rent | $1,422 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.4%). 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 47725
Population: 19,436
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 47725
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
Investor Insight: With 918 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are renters plentiful in Evansville, IN?
Working renters make up the core of the Evansville, IN tenant base. The pool is reasonable for investors targeting long-term holds.
Should investors consider Evansville, IN?
The 3.0/5 investability rating in Evansville, IN reflects its $330K prices and $1,422/mo rents. Investors generally consider it a solid option within IN.
How do experienced investors play Evansville, IN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Evansville, IN. The numbers - $330K homes against $1,422/mo rents - support that play.
How landlord-friendly is Evansville, IN?
The landlord environment in Evansville, IN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Does a duplex house hack pencil in Evansville, IN?
For house hackers, Evansville, IN is a challenging. The $1,422/mo rent on a unit helps defray the mortgage on a $330K property.
You know 47725 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47725 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 47725 ranks in Evansville, IN-KY
Every ZIP in this metro, ranked. Free.
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