Real Estate Investing in Derby, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 313 • Perry County

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Should you buy in Derby, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 27.6% of homes vacant — above national norms.

What’s happening in Derby, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $234,357
Avg Monthly Rent $891
ZIP Codes 1

Investing in Derby Real Estate

With a sizable population across 1 ZIPs, Derby shows the kind of modest fundamentals that keep most out-of-state capital on the sidelines.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Derby is in that category.

unambiguously Derby's sale market has not rewarded patience. a stretch for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

The 0% renter share in Derby masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$234,357
Avg Monthly Rent
$891
1% Rule
✗ Below
Landlord Friendly (IN)

ZIP Codes in Derby, IN

Screen every ZIP in Derby

Filter Derby’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Derby, IN

How does Derby, IN rate as a rental market?

Derby, IN scores 3.0/5 for investability. Home values sit at $234K and rents near $891/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Where do home prices stand in Derby, IN?

Derby, IN median home values land near $234K. That is reasonable territory for investors looking at $891/mo-per-month rentals.

How much rent can I charge in Derby, IN?

Derby, IN rentals go for roughly $891/mo a month. That puts gross yield in solid territory relative to $234K acquisition costs.

Do rentals sit vacant long in Derby, IN?

Expect elevated vacancy in Derby, IN. Rents at $891/mo are absorbed by the tenant base without meaningful lag.

Is it easy to find good tenants in Derby, IN?

The renter base in Derby, IN is reasonable for the $891/mo price point. Screening well and pricing to market typically yields predictable tenants.

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