Is Vanderburgh County, IN good for real estate investing?

Vanderburgh County has an investment score of 69/100, rated as "Buy". The county ranks #0 nationally among 0 counties analyzed.

What is the rent-to-price ratio in Vanderburgh?

The rent-to-price ratio in Vanderburgh County is 6.37% annually, which ranks in the 50th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Vanderburgh?

The median home price in Vanderburgh County is $191,610. This ranks #0 in affordability among all US counties.

Can you cash flow on rental properties in Vanderburgh?

Based on median values with 20% down at current rates, a typical rental in Vanderburgh County would generate negative cash flow of $343/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Vanderburgh County

IndianaPopulation: 179,900

/100

Buy

#0 of 0 counties

#48 in Indiana (92 counties)

Market Snapshot

$191,610

Median Home Price

0% below national median

$1,018/mo

Median Rent

0% below national median

6.37%

Rent-to-Price Ratio

Top 50% nationally

-$343

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$191,610

Down Payment (20%)$38,322

Loan Amount$153,288

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,018

Monthly P&I-$1,004

Est. Expenses (35%)-$356

Net Cash Flow-$343/mo

4.1%

Cap Rate (all cash)

-9.3%

Cash-on-Cash Return

6.37%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.1% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

69/100

Cash Flow(30%)

64/100

Based on 6.37% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

83/100

Based on 4.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

81/100

Price-to-income ratio of 3.3x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$343/mo)
-Negative leverage (cap rate 4.1% < mortgage rate 6.9%)

Economic Indicators

Population

179,900

Median Income

$58,839

vs $0 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.3x

Moderately affordable

Compare to Nearby Counties

County					Verdict
FountainIN	70	$185,369	$949	6.14%	Buy	View
ScottIN	70	$197,919	Est. pending	—	Buy	View
WayneIN	70	$165,210	$801	5.82%	Buy	View
CurrentVanderburghIN	69	$191,610	$1,018	6.37%	Buy
JayIN	69	$153,998	Est. pending	—	Buy	View
SpencerIN	68	$224,405	Est. pending	—	Buy	View

The Bottom Line

BuyVanderburgh offers solid investment potential with good cash flow or appreciation prospects.

Vanderburgh County in Indiana scores 69/100, ranking #0 of 0 US counties (top 50%). The 6.37% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-343/mo

Cap Rate

4.1%

Cash-on-Cash

-9.3%

Ready to Analyze a Deal in Vanderburgh?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$191,610

Down Payment (20%)$38,322

Loan Amount$153,288

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,018

Monthly P&I-$1,004

Est. Expenses (35%)-$356

Net Cash Flow-$343/mo

4.1%

Cap Rate (all cash)

-9.3%

Cash-on-Cash Return

6.37%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.1% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

69/100

Cash Flow(30%)

64/100

Based on 6.37% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

83/100

Based on 4.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

81/100

Price-to-income ratio of 3.3x. Lower ratios indicate more affordable markets.

County

Verdict

FountainIN

$185,369

$949

6.14%

Buy

View

ScottIN

$197,919

Est. pending

—

Buy

View

WayneIN

$165,210

$801

5.82%

Buy

View

CurrentVanderburghIN

$191,610

$1,018

6.37%

Buy

JayIN

$153,998

Est. pending

—

Buy

View

SpencerIN

$224,405

Est. pending

—

Buy

View

The Bottom Line

BuyVanderburgh offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-343/mo

Cap Rate

4.1%

Cash-on-Cash

-9.3%