Real Estate Investing in Fort Branch, Indiana (47648)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47648 (Fort Branch, 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: 9.9% 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 Fort Branch, IN (47648)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 47648 Fort Branch
Not every below-median market is a bargain. Fort Branch's 47648 ZIP shows signals that favor experienced operators who can absorb the risk $239K pricing implies.
On balance, the numbers look inviting — $239K purchase price, 0.0% nominal cap — the work to hit that pro forma in 47648 is substantial and deserves full respect.
In the broader IN picture, 47648 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 47648 ZIP's population of 4,453 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Strategy in 47648 is an operator game, not a passive one. Meanwhile, entry prices of $239K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Fort Branch:
Property Strategy for 47648
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $168,834 | $990 | 4.2% | +7.9% | $84,417 |
| 3BR | $235,895 | $1,250 | 3.8% | +6.9% | $78,632 |
| 4BR | $289,120 | $1,350 | 3.4% | +6.5% | $72,280 |
Market Trends
Home Value History (with trend line)
📊 How Does 47648 Compare?
| Metric | 47648 | Fort Branch | Indiana |
|---|---|---|---|
| Home Value | $238,990 | $238,990 | $248,442 |
| 5-Year CAGR | 6.2% | 6.2% | 7.7% |
| Avg Rent | $891 | $891 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 47648 (Fort Branch, IN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 47648 (Fort Branch, IN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $238,990 |
| Monthly Rent | $891 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.9%). 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 47648
Population: 4,453
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 47648
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
Is real estate in Fort Branch, IN a good investment right now?
Fort Branch, IN rates 3.0/5 for investability. With median values at $239K and rents near $891/mo, the market offers reasonable fundamentals for rental investors.
What is the typical vacancy rate in Fort Branch, IN?
Occupancy in Fort Branch, IN runs reliable with elevated vacancy. Well-priced units at $891/mo lease on reasonable timelines.
How do experienced investors play Fort Branch, IN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Fort Branch, IN. The numbers - $239K homes against $891/mo rents - support that play.
Can I live-in-and-rent in Fort Branch, IN?
House hacking in Fort Branch, IN is a challenging. With home values around $239K and rents at $891/mo, owner-occupants can offset a meaningful share of PITI.
What are rental rates like in Fort Branch, IN?
Rental rates in Fort Branch, IN average $891/mo. Tenant demand and $239K home values make the yield look reasonable by investor standards.
You know 47648 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47648 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.
AI Market Advisor
Ask questions about investing in 47648 (Fort Branch)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 47648 (Fort Branch, IN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.