Real Estate Investing in Ligonier, Indiana (46767)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46767 (Ligonier, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ligonier, IN (46767)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 46767 Ligonier
Investors eyeing 46767 need to respect the fundamentals at play. Home values of $251K come alongside slower price movement and elevated management overhead.
The 46767 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 46767 and stronger Ligonier ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Put differently, 8,979 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 46767 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Ligonier:
Property Strategy for 46767
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,162 | $1,040 | 4.6% | +9.0% | $81,581 |
| 3BR | $222,677 | $1,250 | 4.0% | +8.6% | $74,226 |
| 4BR | $281,861 | $1,740 | 4.4% | +8.7% | $70,465 |
| 5BR | $480,046 | — | — | +7.3% | $96,009 |
Market Trends
Home Value History (with trend line)
📊 How Does 46767 Compare?
| Metric | 46767 | Ligonier | Kendallville, IN | Indiana |
|---|---|---|---|---|
| Home Value | $251,260 | $251,260 | N/A | $248,442 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 7.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46767 (Ligonier, IN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 46767 (Ligonier, IN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $251,260 |
| Monthly Rent | $936 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 46767
Population: 8,979
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 46767
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong is Ligonier, IN for real estate investors?
Ligonier, IN scores 3.0/5 for investability. Home values sit at $251K and rents near $936/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much rent can I charge in Ligonier, IN?
Rents in Ligonier, IN run near $936/mo. Compared with median home prices of $251K that produces solid gross yields for typical rentals.
Which investment style suits Ligonier, IN?
A careful cash-flow rentals with hands-on management strategy Ligonier, IN best. The market produces even-keeled results for that approach at the $251K price point.
How deep is the rental pool in Ligonier, IN?
Expect a solid tenant pool in Ligonier, IN. The rental market absorbs $936/mo rents without meaningful friction.
Is Ligonier, IN landlord-friendly?
IN ranks as a landlord-friendly state for landlord-tenant law. Ligonier generally follows the statewide framework, so landlords face reasonable operating rules.
You know 46767 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 46767 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 46767 ranks in Kendallville, IN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 46767 (Ligonier)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 46767 (Ligonier, IN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.