Real Estate Investing in Fredericksburg, Indiana (47120)
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Should you buy in 47120 (Fredericksburg, 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.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fredericksburg, IN (47120)?
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Market Analysis: 47120 Fredericksburg
The 47120 ZIP covers a section of Fredericksburg that demands careful diligence. Prices near $237K look accessible, but the work to make a deal cash flow is real.
The investment case in 47120 is sturdy only for operators who understand what they are buying. A $237K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
From an investor standpoint, 47120 offers a low basis, the region around Fredericksburg has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 47120 includes headwinds that any investor should price in. Income distribution skews lower than Fredericksburg averages, and tenant stability requires active management.
Distressed ZIPs reward experience. robust returns are possible in 47120, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Fredericksburg:
Market Trends
Home Value History (with trend line)
📊 How Does 47120 Compare?
| Metric | 47120 | Fredericksburg | Indiana |
|---|---|---|---|
| Home Value | $236,946 | $236,946 | $248,442 |
| 5-Year CAGR | 5.6% | 5.6% | 7.7% |
| Avg Rent | $963 | $963 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47120 (Fredericksburg, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $236,946 |
| Monthly Rent | $963 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.2%). 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 47120
Population: 824
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
How do home values compare in Fredericksburg, IN?
Homes in Fredericksburg, IN typically sell near $237K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Is it easy to find good tenants in Fredericksburg, IN?
Tenant demand in Fredericksburg, IN is solid. The local workforce $963/mo rents across most rental classes.
Is Fredericksburg in IN worth investing in?
Investors tracking Fredericksburg, IN will find a 3.0/5 rating supported by $237K median home values and $963/mo rents. That profile suits long-term holders targeting measured returns.
Is Fredericksburg, IN a good market for FHA house hackers?
Fredericksburg, IN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $963/mo rent level.
Is Fredericksburg, IN good for landlords?
Fredericksburg, IN falls under IN landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 47120 now. You don’t know where it ranks.
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How 47120 ranks in Louisville/Jefferson County, KY-IN
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