Real Estate Investing in Universal, Indiana (47884)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47884 (Universal, IN)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.3% vacancy may signal weakening demand.
• 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 Universal, IN (47884)?
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Market Analysis: 47884 Universal
The 47884 ZIP reflects an solid value-add profile — below-median pricing at $82K, a renter base of 5%, and room for operational improvement.
Value-add is the defining thesis in 47884. Homes trade near $82K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
In Vermillion County, 47884 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
Household income in 47884 supports the rent-lift thesis. 207 residents, deep working-age cohort, and the kind of tenant profile that responds to upgraded stock.
Experienced operators with contractor networks find 47884 worth a close look for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Universal:
Market Trends
Home Value History (with trend line)
📊 How Does 47884 Compare?
| Metric | 47884 | Universal | Terre Haute, IN | Indiana |
|---|---|---|---|---|
| Home Value | $81,985 | $81,985 | N/A | $248,442 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 7.7% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 8.7% | 8.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47884 (Universal, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $81,985 |
| Monthly Rent | $909 |
| Price-to-Rent | 7.5:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.3% |
| Cap Rate | 8.7% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.7%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 47884
Population: 207
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
Is Universal, IN a good market for buy-and-hold investors?
Investors tracking Universal, IN will find a 5.0/5 rating supported by $82K median home values and $909/mo rents. That profile suits long-term holders targeting reliable returns.
How strong are rents in Universal, IN?
Investors in Universal, IN typically see rents near $909/mo per month against $82K home values - a solid setup for rental cash flow.
How viable is house hacking in Universal, IN?
The house hack math an attractive in Universal, IN. Owner-occupant buyers benefit from the $909/mo rents and $82K home values.
How much does a house cost in Universal, IN?
Homes in Universal, IN typically sell near $82K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
Can investors hit the 1% rule in Universal, IN?
The 1% rule in Universal, IN is reasonable to achieve. Rent-to-price at the median ($909/mo on $82K) lands around 1.11%.
You know 47884 now. You don’t know where it ranks.
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How 47884 ranks in Terre Haute, IN
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