Side-by-side comparison of Seymour, IN and Warsaw, IN — cap rates, rent, prices, and investment metrics.
Cash flow: Seymour has the edge with an estimated cap rate of 4.41% compared to Warsaw's 2.94%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $225,000 in Seymour vs $275,000 in Warsaw, while rents come in at $1,200/mo and $1,110/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Seymour is growing faster at 0.9% annually vs Warsaw's 0.9%. Seymour leads on home value appreciation at 2.6% per year.
Costs & risk: Property taxes are 0.84% in Seymour vs 0.84% in Warsaw. Vacancy rates of 5.5% and 5.5% are both healthy, suggesting strong tenant demand in both markets.
Entry point: Seymour offers a lower entry at $225K vs Warsaw's $275K — a difference of $50K. With a 20% down payment, that's $45K vs $55K. Seymour combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Seymour edges out Warsaw on most key metrics. While cap rates are moderate at 4.41%, Seymour's overall profile is stronger. Use our free calculators to model specific deals in Seymour or Warsaw.