Waldron, IN — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.0%

Below average

Monthly Cash Flow

-$487

After all expenses

Price-to-Rent

14.4

Investor-friendly

DSCR

0.62

Fails

📊 Key Metrics

Median Home Price
$243,809
Average Rent (3BR)
$1,410/mo
Price-to-Rent Ratio
14.4(good)
1% Rule
0.58%(fails — need 1%+)
Cash-on-Cash Return
-10.4%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.2%(-1.1% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+0.4% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.81%

of assessed value (IN avg)

Median Income

$61,944

household (IN avg)

Rent-to-Income

27.3%

Affordable

Section 8 Max Rent

$1,410/mo

3BR voucher payment

🏛️ IN Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.81% effective

Population Trend

+0.4% (3yr)

🏘️ Best Zip Codes in Waldron for Investors

46182
Cap Rate: 4.5%Cash Flow: -$369/mo$239,737
47234
Cap Rate: 4.0%Cash Flow: -$487/mo$243,809
47234
Cap Rate: 4.0%Cash Flow: -$487/mo$243,809

All Zip Codes in Waldron

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
461824.5%-$369$239,737$1,520/mo0.71
472344.0%-$487$243,809$1,410/mo0.62
472344.0%-$487$243,809$1,410/mo0.62