Real Estate Investing in Ferdinand, Indiana (47532)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47532 (Ferdinand, 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.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 26.0 — 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 Ferdinand, IN (47532)?
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Market Analysis: 47532 Ferdinand
Not every below-median market is a bargain. Ferdinand's 47532 ZIP sits at signals that favor experienced operators who can absorb the risk $289K pricing implies.
The 47532 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Ferdinand have seen price recovery that 47532 has not matched. Dubois County data supports the view that the spread is structural rather than temporary.
Demographically, 47532 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 47532 is an operator game, not a passive one. Looking more closely, entry prices of $289K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Ferdinand:
Property Strategy for 47532
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $200,552 | $1,030 | 3.7% | +6.8% | $100,276 |
| 3BR | $278,427 | $1,440 | 3.7% | +6.6% | $92,809 |
| 4BR | $308,754 | $1,700 | 4.0% | +5.5% | $77,188 |
Market Trends
Home Value History (with trend line)
📊 How Does 47532 Compare?
| Metric | 47532 | Ferdinand | Jasper, IN | Indiana |
|---|---|---|---|---|
| Home Value | $289,211 | $289,211 | N/A | $248,442 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.7% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47532 (Ferdinand, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $289,211 |
| Monthly Rent | $927 |
| Price-to-Rent | 26.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 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 (2.5%). 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 47532
Population: 4,415
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 47532
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
What is the investability score for Ferdinand, IN?
Ferdinand, IN posts an investability rating of 3.0/5, with median home values near $289K and average rents around $927/mo. That combination puts it in the healthy tier for investor interest.
How much is rent in Ferdinand, IN?
Ferdinand, IN rentals go for roughly $927/mo a month. That puts gross yield in solid territory relative to $289K acquisition costs.
Is housing expensive in Ferdinand, IN?
Ferdinand, IN home values average about $289K. That price point suits investors targeting rentals with $927/mo in monthly income.
Are there empty rentals in Ferdinand, IN?
Vacancy in Ferdinand, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $927/mo.
Is Ferdinand, IN landlord-friendly?
IN ranks as a landlord-friendly state for landlord-tenant law. Ferdinand generally follows the statewide framework, so landlords face reasonable operating rules.
You know 47532 now. You don’t know where it ranks.
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How 47532 ranks in Jasper, IN
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