Is Hancock County, IN good for real estate investing?

Hancock County has an investment score of 64/100, rated as "Buy". The county ranks #159 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Hancock County is 6.26% annually, which ranks in the 59th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Hancock?

The median home price in Hancock County is $321,689. This ranks #602 in affordability among all US counties.

Can you cash flow on rental properties in Hancock?

Based on median values with 20% down at current rates, a typical rental in Hancock County would generate negative cash flow of $595/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Hancock County

IndianaPopulation: 80,170Indianapolis, IN Metro

/100

Buy

#159 of 1,000 counties

#63 in Indiana (92 counties)

Market Snapshot

$321,689

Median Home Price

13% above national median

$1,678/mo

Median Rent

8% above national median

6.26%

Rent-to-Price Ratio

Top 41% nationally

-$595

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$321,689

Down Payment (20%)$64,338

Loan Amount$257,351

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,678

Monthly P&I-$1,686

Est. Expenses (35%)-$587

Net Cash Flow-$595/mo

4.1%

Cap Rate (all cash)

-9.7%

Cash-on-Cash Return

6.26%

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

64/100

Cash Flow(30%)

63/100

Based on 6.26% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

72/100

Based on 2.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

73/100

Price-to-income ratio of 3.8x. 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 (-$595/mo)
-Negative leverage (cap rate 4.1% < mortgage rate 6.9%)

Economic Indicators

Population

80,170

Median Income

$85,262

vs $65,157 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.8x

Moderately affordable

Compare to Nearby Counties

County					Verdict
MarionIN	65	$226,825	$1,367	7.23%	Buy	View
CurrentHancockIN	64	$321,689	$1,678	6.26%	Buy
LakeIN	64	$243,537	$1,425	7.02%	Buy	View
MonroeIN	64	$303,732	$1,888	7.46%	Buy
MontgomeryIN	64	$213,484	$975	5.48%	Buy
FloydIN	63	$277,337	$1,243	5.38%	Buy	View

The Bottom Line

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

Hancock County in Indiana scores 64/100, ranking #159 of 1,000 US counties (top 25%). The 6.26% 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

$-595/mo

Cap Rate

4.1%

Cash-on-Cash

-9.7%

Ready to Analyze a Deal in Hancock?

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$321,689

Down Payment (20%)$64,338

Loan Amount$257,351

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,678

Monthly P&I-$1,686

Est. Expenses (35%)-$587

Net Cash Flow-$595/mo

4.1%

Cap Rate (all cash)

-9.7%

Cash-on-Cash Return

6.26%

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

64/100

Cash Flow(30%)

63/100

Based on 6.26% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

72/100

Based on 2.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

73/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

County

Verdict

MarionIN

$226,825

$1,367

7.23%

Buy

View

CurrentHancockIN

$321,689

$1,678

6.26%

Buy

LakeIN

$243,537

$1,425

7.02%

Buy

View

MonroeIN

$303,732

$1,888

7.46%

Buy

MontgomeryIN

$213,484

$975

5.48%

Buy

FloydIN

$277,337

$1,243

5.38%

Buy

View

The Bottom Line

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

Monthly Cash Flow

$-595/mo

Cap Rate

4.1%

Cash-on-Cash

-9.7%