Real Estate Investing in Liberty, Indiana (47353)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47353 (Liberty, 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.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Liberty, IN (47353)?
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Market Analysis: 47353 Liberty
Looking more closely, ZIP 47353 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $201K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47353 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within IN, ZIP 47353 trails on several market indicators that neighboring Union County submarkets outperform. The gap is real and significant enough to shape underwriting.
The 47353 ZIP's population of 5,111 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Liberty:
Property Strategy for 47353
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $149,716 | $970 | 4.7% | +6.1% | $74,858 |
| 3BR | $224,216 | $1,260 | 4.0% | +6.8% | $74,739 |
| 4BR | $252,091 | $1,520 | 4.3% | +6.6% | $63,023 |
Market Trends
Home Value History (with trend line)
📊 How Does 47353 Compare?
| Metric | 47353 | Liberty | Cincinnati, OH-KY-IN | Indiana |
|---|---|---|---|---|
| Home Value | $200,844 | $200,844 | N/A | $248,442 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 47353 (Liberty, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $200,844 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +13.1% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.4%). 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 47353
Population: 5,111
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 47353
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 should investors approach Liberty, IN?
Most investors in Liberty, IN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is it easy to find good tenants in Liberty, IN?
The renter base in Liberty, IN is reasonable for the $873/mo price point. Screening well and pricing to market typically yields predictable tenants.
Is Liberty, IN a friendly market for rental owners?
For rental operators, Liberty, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Liberty, IN a good market for FHA house hackers?
Liberty, IN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $201K price point reasonable to enter.
How does Liberty, IN rate as a rental market?
Liberty, IN rates 3.0/5 for investability. With median values at $201K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
You know 47353 now. You don’t know where it ranks.
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How 47353 ranks in Cincinnati, OH-KY-IN
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Community Ratings
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