Real Estate Investing in Remington, Indiana (47977)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47977 (Remington, 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 Remington, IN (47977)?
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Market Analysis: 47977 Remington
Investors eyeing 47977 need to respect the fundamentals at play. Home values of $227K come alongside slower price movement and elevated management overhead.
Meanwhile, the numbers look inviting — $227K purchase price, 0.0% nominal cap — the work to hit that pro forma in 47977 is substantial and deserves full respect.
Regionally, 47977 sits on the difficult end of the IN spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The 47977 ZIP's population of 2,606 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The right play in 47977 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Remington:
Property Strategy for 47977
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $145,545 | $1,050 | 5.2% | +9.8% | $72,773 |
| 3BR | $230,223 | $1,370 | 4.3% | +9.0% | $76,741 |
| 4BR | $292,207 | $1,580 | 3.9% | +8.1% | $73,052 |
Market Trends
Home Value History (with trend line)
📊 How Does 47977 Compare?
| Metric | 47977 | Remington | Indiana |
|---|---|---|---|
| Home Value | $226,885 | $226,885 | $248,442 |
| 5-Year CAGR | 6.8% | 6.8% | 7.7% |
| Avg Rent | $945 | $945 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47977 (Remington, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $226,885 |
| Monthly Rent | $945 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.3%). 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 47977
Population: 2,606
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 47977
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
Which investment style suits Remington, IN?
Investors usually favor careful cash-flow rentals with hands-on management in Remington, IN. With home values at $227K and rents near $945/mo, other strategies can work but produce predictable rather than outsized returns.
How high is vacancy risk in Remington, IN?
Remington, IN carries elevated vacancy risk. Expect steady absorption at market rents of $945/mo.
How expensive is real estate in Remington, IN?
The median home value in Remington, IN is roughly $227K. That puts it reasonable relative to the IN statewide average.
Does Remington, IN favor landlords or tenants?
Remington, IN operates under IN law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
What monthly rent should investors expect in Remington, IN?
Rental rates in Remington, IN average $945/mo. Tenant demand and $227K home values make the yield look reasonable by investor standards.
You know 47977 now. You don’t know where it ranks.
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