Real Estate Investing in Stendal, Indiana (47585)
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Should you buy in 47585 (Stendal, 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 vacancy: 16.0% of homes vacant — above national norms.
• 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 Stendal, IN (47585)?
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Market Analysis: 47585 Stendal
The 47585 ZIP covers a section of Stendal that demands careful diligence. Prices near $223K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 47585 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader IN picture, 47585 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 47585 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. durable returns are possible in 47585, 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 Stendal:
Market Trends
Home Value History (with trend line)
📊 How Does 47585 Compare?
| Metric | 47585 | Stendal | Jasper, IN | Indiana |
|---|---|---|---|---|
| Home Value | $223,192 | $223,192 | N/A | $248,442 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.7% |
| Avg Rent | $900 | $900 | N/A | - |
| 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 47585 (Stendal, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $223,192 |
| Monthly Rent | $900 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.2% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 47585
Population: 664
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What real estate strategy is ideal for Stendal, IN?
Stendal, IN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($223K prices, $900/mo rents) make it a reasonable choice.
Is Stendal, IN a good market for FHA house hackers?
Stendal, IN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $900/mo rent level.
How do home values compare in Stendal, IN?
Homes in Stendal, IN typically sell near $223K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is Stendal, IN a good place for real estate investing?
Stendal, IN stands at an investability rating of 3.0/5, with median home values near $223K and average rents around $900/mo. That combination puts it in the healthy tier for investor interest.
Is the tenant base reliable in Stendal, IN?
Tenant demand in Stendal, IN is solid. The local workforce $900/mo rents across most rental classes.
You know 47585 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47585 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 47585 ranks in Jasper, IN
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