Real Estate Investing in Dayton, Indiana (47941)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47941 (Dayton, 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.
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 Dayton, IN (47941)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47941 Dayton
Put differently, ZIP 47941 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $253K median. It rewards specialists, not generalists.
In practical terms, the numbers look inviting — $253K purchase price, 0.0% nominal cap — the work to hit that pro forma in 47941 is substantial and deserves full respect.
The gap between 47941 and stronger Dayton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A durable renter share of 22% in 47941 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Dayton:
Market Trends
Home Value History (with trend line)
📊 How Does 47941 Compare?
| Metric | 47941 | Dayton | Indiana |
|---|---|---|---|
| Home Value | $252,980 | $252,980 | $248,442 |
| 5-Year CAGR | 7.0% | 7.0% | 7.7% |
| Avg Rent | $1,017 | $1,017 | - |
| Cap Rate | 3.1% | 3.1% | - |
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 47941 (Dayton, IN). Anonymous, moderated, never written by AI.
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Property managers serving Tippecanoe County
Manage rentals here? List your business →B.W. Parks offers rental properties in Lafayette, Indiana. summary from their website
June Palms Property Management provides property management services in Lafayette, Indiana. summary from their website
Sorola Properties is a property management company located in Lafayette, IN. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $252,980 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 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 (3.1%). 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 47941
Population: 1,047
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 47941
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 47,013 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Dayton, IN?
Rent in Dayton, IN is around $1,017/mo. The resulting rent-to-value relationship with $253K pricing is reasonable for most investor models.
How much does a house cost in Dayton, IN?
In Dayton, IN the median home value sits at $253K. Against the broader IN market, that reads as reasonable for most investors.
Does Dayton, IN make sense for an investment property?
With a 3.0/5 investability score, Dayton, IN ranks as a solid market for rental property investors. Median prices of $253K and rents of $1,017/mo drive the underlying numbers.
Is IN a landlord-friendly state?
Landlord-friendliness in Dayton, IN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What type of investing works in Dayton, IN?
A careful cash-flow rentals with hands-on management strategy Dayton, IN best. The market produces reliable results for that approach at the $253K price point.
You know 47941 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47941 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.
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