Real Estate Investing in Montgomery, Indiana (47558)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47558 (Montgomery, 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 34.5 — 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 Montgomery, IN (47558)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47558 Montgomery
The 47558 ZIP in Montgomery, IN is a local-operator market. Outside capital chasing a $383K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47558 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 47558 and stronger Montgomery ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 47558 includes headwinds that any investor should price in. Income distribution skews lower than Montgomery averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 47558 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Montgomery:
Property Strategy for 47558
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $284,052 | $1,030 | 2.6% | +8.1% | $142,026 |
| 3BR | $317,127 | $1,280 | 2.9% | +7.4% | $105,709 |
| 4BR | $393,103 | $1,360 | 2.5% | +8.1% | $98,276 |
Market Trends
Home Value History (with trend line)
📊 How Does 47558 Compare?
| Metric | 47558 | Montgomery | Indiana |
|---|---|---|---|
| Home Value | $383,176 | $383,176 | $248,442 |
| 5-Year CAGR | 6.1% | 6.1% | 7.7% |
| Avg Rent | $927 | $927 | - |
| Cap Rate | 1.9% | 1.9% | - |
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 47558 (Montgomery, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $383,176 |
| Monthly Rent | $927 |
| Price-to-Rent | 34.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (1.9%). 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 47558
Population: 5,252
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 47558
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.
Frequently Asked Questions
How does Montgomery, IN stack up for property investment?
The 3.0/5 investability rating in Montgomery, IN reflects its $383K prices and $927/mo rents. Investors generally consider it a solid option within IN.
Do landlords face vacancy issues in Montgomery, IN?
Montgomery, IN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What real estate strategy is ideal for Montgomery, IN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Montgomery, IN. The numbers - $383K homes against $927/mo rents - support that play.
How viable is house hacking in Montgomery, IN?
Montgomery, IN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $383K price point reasonable to enter.
What are rental rates like in Montgomery, IN?
Rents in Montgomery, IN run near $927/mo. Compared with median home prices of $383K that produces solid gross yields for typical rentals.
You know 47558 now. You don’t know where it ranks.
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Community Ratings
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