Real Estate Investing in Georgetown, Indiana (47122)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47122 (Georgetown, IN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 27.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Georgetown, IN (47122)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47122 Georgetown
Not every below-median market is a bargain. Georgetown's 47122 ZIP sits at signals that favor experienced operators who can absorb the risk $337K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $337K asset, 47122 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within IN, ZIP 47122 trails on several market indicators that neighboring Floyd County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 47122 includes headwinds that any investor should price in. Income distribution skews lower than Georgetown averages, and tenant stability requires active management.
Strategy in 47122 is an operator game, not a passive one. In practical terms, entry prices of $337K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Georgetown:
Property Strategy for 47122
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,556 | $1,140 | 3.9% | +6.9% | $105,278 |
| 3BR | $304,899 | $1,460 | 3.4% | +6.0% | $101,633 |
| 4BR | $397,531 | $1,690 | 3.1% | +5.2% | $99,383 |
Market Trends
Home Value History (with trend line)
📊 How Does 47122 Compare?
| Metric | 47122 | Georgetown | Indiana |
|---|---|---|---|
| Home Value | $336,871 | $336,871 | $248,442 |
| 5-Year CAGR | 4.6% | 4.6% | 7.7% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 2.4% | 2.4% | - |
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 47122 (Georgetown, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $336,871 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 27.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (2.4%). 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 47122
Population: 11,230
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 47122
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
Investor Insight: With 14,145 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Georgetown, IN a good market for buy-and-hold investors?
Our data puts Georgetown, IN at 3.0/5 for investability. Home prices of $337K and rents around $1,026/mo create a solid backdrop for investor activity.
What is the typical rental rate in Georgetown, IN?
The typical rental in Georgetown, IN commands about $1,026/mo monthly. That rent profile stable cash flow against the $337K purchase basis.
What type of investing works in Georgetown, IN?
A careful cash-flow rentals with hands-on management strategy Georgetown, IN best. The market produces steady results for that approach at the $337K price point.
Is Georgetown, IN good for house hacking?
The house hack math a challenging in Georgetown, IN. Owner-occupant buyers benefit from the $1,026/mo rents and $337K home values.
What is the typical vacancy rate in Georgetown, IN?
Occupancy in Georgetown, IN runs steady with elevated vacancy. Well-priced units at $1,026/mo lease on reasonable timelines.
You know 47122 now. You don’t know where it ranks.
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How 47122 ranks in Louisville/Jefferson County, KY-IN
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