Real Estate Investing in Brazil, Indiana (47834)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47834 (Brazil, 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.
- Elevated vacancy: 9.7% vacancy may signal weakening demand.
What’s happening in Brazil, IN (47834)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47834 Brazil
Investors eyeing 47834 need to respect the fundamentals at play. Home values of $191K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47834 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within IN, ZIP 47834 trails on several market indicators that neighboring Clay County submarkets outperform. The gap is real and notable enough to shape underwriting.
Who lives in 47834 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Brazil's stable or hybrid ZIPs before stepping into 47834. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Brazil:
Property Strategy for 47834
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $91,606 | $820 | 6.4% | +9.1% | $91,606 |
| 2BR | $125,093 | $1,040 | 6.0% | +9.4% | $62,546 |
| 3BR | $199,274 | $1,260 | 4.6% | +8.7% | $66,425 |
| 4BR | $271,850 | $1,480 | 3.9% | +8.4% | $67,963 |
| 5BR | $277,912 | — | — | +7.6% | $55,582 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 47834 Compare?
| Metric | 47834 | Brazil | Terre Haute, IN | Indiana |
|---|---|---|---|---|
| Home Value | $190,930 | $190,930 | N/A | $248,442 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.7% |
| Avg Rent | $1,025 | $1,025 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
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 47834 (Brazil, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $190,930 |
| Monthly Rent | $1,025 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (4.2%). 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 47834
Population: 18,773
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 47834
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
What is the average monthly rent in Brazil, IN?
Rental rates in Brazil, IN average $1,025/mo. Tenant demand and $191K home values make the yield look reasonable by investor standards.
How do experienced investors play Brazil, IN?
In Brazil, IN the solid play is typically careful cash-flow rentals with hands-on management. The combination of $191K prices and $1,025/mo rents suits that approach.
How does Brazil, IN stack up for property investment?
Brazil, IN scores 3.0/5 for investability. Home values sit at $191K and rents near $1,025/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Does a duplex house hack pencil in Brazil, IN?
Brazil, IN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $191K price point reasonable to enter.
Are tenants stable in Brazil, IN?
The renter base in Brazil, IN is reasonable for the $1,025/mo price point. Screening well and pricing to market typically yields predictable tenants.
You know 47834 now. You don’t know where it ranks.
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How 47834 ranks in Terre Haute, IN
Every ZIP in this metro, ranked. Free.
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