Factor in financing to see your actual return on invested capital in Seymour.
$
$56,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-7.70%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$63,000
$56,250 down + $6,750 closing
Monthly Mortgage
$1,100
on $169K loan
Monthly Cash Flow
$-404
after all expenses
Annual Cash Flow
$-4,849
before taxes
Cash Flow Breakdown
Monthly Rent$1,200
Less Expenses−$504
Less Mortgage−$1,100
Monthly Cash Flow$-404
Is Seymour a Good Place to Invest in Rental Property?
Seymour, IN has a population of 50,000 and has been growing at 0.9% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $225,000 paired with median rents of $1,200/mo produces an estimated cap rate of 4.41%.
Property taxes at 0.84% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.5% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 3.7x, homes cost about 3.7 times the local median income of $60,888. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.6% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Seymour presents moderate opportunities. Cap rates near 4.41% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.
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