Indiana
Randolph County
ZIP 47355
24,425 residents18 permits TTM$61,121 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$106,000
ACS 5-Year
Cap rate proxy
8.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.5%
HUD FMR ÷ ACS HHI
Net migration
+1.32%
IRS SOI
Permits (TTM)
18
Census BPS
Climate risk
31.5
FEMA NRI (0–100)
ZIP 47355
Median home value
$161,569
Gross yield
7.1%
Cap rate
5.5%
Rent gap
22.5%
Affordability
P/I: 2.6R/I: —
Section 8 detail
SAFMR: $956Rent: $741Gap: 29.0%
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 47340 | $170,750 | $956 | 6.7% | 5.2% | 22.5% |
| 47354 | $106,000county est. | $956 | 10.8% | 8.4% | 22.5% |
| 47355 | $161,569 | $956 | 7.1% | 5.5% | 22.5% |
| 47358 | $106,000county est. | $956 | 10.8% | 8.4% | 22.5% |
| 47368 | $166,690 | $956 | 6.9% | 5.3% | 22.5% |
Ranked by composite score
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Demographics
Owner-occupied
77.5%
Census ACS
Vacancy rate
10.7%
Census ACS
Bachelor's degree +
14.4%
Census ACS
Rent burdened
42.1%
Census ACS (>30% income)
Median age
42.1
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026