Real Estate Investing in Metamora, Indiana (47030)

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

Franklin County • Population: 1,574 • Data updated: September 2026

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Should you buy in 47030 (Metamora, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

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 Metamora, IN (47030)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $263,932
Avg Monthly Rent $1,044
1% Rule ✗ Does Not Meet
Median Income $61,210
% Renters 8.2%

Market Analysis: 47030 Metamora

Investors eyeing 47030 need to respect the fundamentals at play. Home values of $264K come alongside slower price movement and elevated management overhead.

The 47030 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 47030 and stronger Metamora ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 47030 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The right play in 47030 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Metamora:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.3× the median income
Value Trend
Rising (+6.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,044/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Cincinnati, OH-KY-IN Metro Area
Even conditions for buyers and sellers
29 days
Average time to sell
Fast
12.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Cincinnati, OH-KY-IN metro data
🏠

Property Strategy for 47030

Which property type performs best in this market?

Best for Cash Flow
2BR
4.7% cap rate
Best for Appreciation
3BR
+8.3% 5yr CAGR
Best Overall Value
3BR
$89,210/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $178,794 $1,160 4.7% $89,397
3BR $267,631 $1,530 4.1% +8.3% $89,210

Market Trends

Home Value History (with trend line)

$276K$240K$204K$167K$131K$95KJan 2012May 2019Jul 2026

📊 How Does 47030 Compare?

Metric 47030 Metamora Cincinnati, OH-KY-IN Indiana
Home Value $263,932 $263,932 N/A $248,442
5-Year CAGR 6.1% 6.1% N/A 7.7%
Avg Rent $1,044 $1,044 N/A -
Cap Rate 3.1% 3.1% - -
💡 Why Invest in 47030? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 47030 (Metamora, IN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.1%
Low
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $263,932
Monthly Rent $1,044
Price-to-Rent 21.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.8%
Cap Rate 3.1%
5-Year IRR 9.2%

📈 Home Appreciation

1-Year +6.5% ▲
3-Year CAGR +5.1% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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.

Vacancy
3.8%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 47030

Population: 1,574

💰 Median Household Income
$61,210
This area
$61,210
State
$69,164
USA
$74,580
🏠 Renter Occupied
8.2%
This area
8.2%
State
22.2%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-23.5%
USA
3.7%
🎓 College Educated
10.6%
This area
10.6%
State
-6.4%
USA
33.7%
👤 Median Age
36.4 years
This area
36.4 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.8%
This area
3.8%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 99.9%
Other/Mixed 0.1%
👶 Under 18
27.3%
This area
27.3%
USA
22.0%
👴 65 and Over
19.4%
This area
19.4%
USA
17.3%
📊 Poverty Rate
2.6%
This area
2.6%
USA
11.5%

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

Frequently Asked Questions

What do rentals go for in Metamora, IN?

Average rent in Metamora, IN is approximately $1,044/mo per month. Against $264K home values that yields a reasonable rent-to-price ratio.

How tight is the rental market in Metamora, IN?

Metamora, IN carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,044/mo.

What kind of market is Metamora, IN for investors?

Our data puts Metamora, IN at 3.0/5 for investability. Home prices of $264K and rents around $1,044/mo create a solid backdrop for investor activity.

Is rental property easy to operate in Metamora, IN?

Landlord-friendliness in Metamora, IN is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is housing expensive in Metamora, IN?

Metamora, IN median home values land near $264K. That is reasonable territory for investors looking at $1,044/mo-per-month rentals.

You know 47030 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 47030 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.

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How 47030 ranks in Cincinnati, OH-KY-IN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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