Real Estate Investing in Shelburn, Indiana (47879)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47879 (Shelburn, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.7% 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 Shelburn, IN (47879)?
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Market Analysis: 47879 Shelburn
The 47879 ZIP in Shelburn, IN is a local-operator market. Outside capital chasing a $160K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 47879 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within IN, ZIP 47879 trails on several market indicators that neighboring Sullivan submarkets outperform. The gap is real and durable enough to shape underwriting.
Resident income in 47879 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 47879 is an operator game, not a passive one. On the rental side, entry prices of $160K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Shelburn:
Property Strategy for 47879
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $113,038 | $960 | 6.1% | +7.6% | $56,519 |
| 3BR | $184,917 | $1,160 | 4.5% | +7.6% | $61,639 |
Market Trends
Home Value History (with trend line)
📊 How Does 47879 Compare?
| Metric | 47879 | Shelburn | Indiana |
|---|---|---|---|
| Home Value | $159,549 | $159,549 | $248,442 |
| 5-Year CAGR | 4.8% | 4.8% | 7.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 4.2% | 4.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47879 (Shelburn, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $159,549 |
| Monthly Rent | $864 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 47879
Population: 3,120
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 expensive is real estate in Shelburn, IN?
Median home price in Shelburn, IN is near $160K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Is Shelburn, IN a friendly market for rental owners?
For rental operators, Shelburn, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How much is rent in Shelburn, IN?
Shelburn, IN rentals go for roughly $864/mo a month. That puts gross yield in solid territory relative to $160K acquisition costs.
Is Shelburn, IN a good market for buy-and-hold investors?
Our data puts Shelburn, IN at 3.0/5 for investability. Home prices of $160K and rents around $864/mo create a solid backdrop for investor activity.
How strong is tenant demand in Shelburn, IN?
Working renters make up the core of the Shelburn, IN tenant base. The pool is reasonable for investors targeting long-term holds.
You know 47879 now. You don’t know where it ranks.
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