Real Estate Investing in Attica, Indiana (47918)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47918 (Attica, IN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Attica, IN (47918)?
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Market Analysis: 47918 Attica
ZIP 47918 inside Fountain County looks affordable on the surface — median value of $194K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 47918 is healthy only for operators who understand what they are buying. A $194K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 47918 sits on the difficult end of the IN spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 47918 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 47918 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 Attica:
Property Strategy for 47918
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $129,745 | $1,050 | 5.8% | +9.7% | $64,872 |
| 3BR | $190,731 | $1,260 | 4.8% | +8.4% | $63,577 |
| 4BR | $239,670 | $1,630 | 4.9% | +7.2% | $59,918 |
Market Trends
Home Value History (with trend line)
📊 How Does 47918 Compare?
| Metric | 47918 | Attica | Lafayette-West Lafayette, IN | Indiana |
|---|---|---|---|---|
| Home Value | $194,038 | $194,038 | N/A | $248,442 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.7% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47918 (Attica, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $194,038 |
| Monthly Rent | $945 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 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 (3.8%). 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 47918
Population: 5,159
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 47918
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
What are home prices like in Attica, IN?
The median home value in Attica, IN is roughly $194K. That puts it reasonable relative to the IN statewide average.
Does Attica, IN make sense for an investment property?
The 3.0/5 investability rating in Attica, IN reflects its $194K prices and $945/mo rents. Investors generally consider it a solid option within IN.
What is the tenant pool like in Attica, IN?
Expect a solid tenant pool in Attica, IN. The rental market absorbs $945/mo rents without meaningful friction.
Can I live-in-and-rent in Attica, IN?
The house hack math a challenging in Attica, IN. Owner-occupant buyers benefit from the $945/mo rents and $194K home values.
Which real estate strategy fits Attica, IN?
The best-fit strategy in Attica, IN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 47918 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47918 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 47918 ranks in Lafayette-West Lafayette, IN
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