Real Estate Investing in Pine Village, Indiana (47975)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 47975 (Pine Village, IN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% 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 Pine Village, IN (47975)?
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Market Analysis: 47975 Pine Village
Not every below-median market is a bargain. Pine Village's 47975 ZIP clocks in at signals that favor experienced operators who can absorb the risk $255K pricing implies.
The investment case in 47975 is resilient only for operators who understand what they are buying. A $255K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Pine Village have seen price recovery that 47975 has not matched. Warren County data supports the view that the spread is structural rather than temporary.
A solid renter share of 17% in 47975 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 47975 is an operator game, not a passive one. Meanwhile, entry prices of $255K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Pine Village:
Market Trends
Home Value History (with trend line)
📊 How Does 47975 Compare?
| Metric | 47975 | Pine Village | Lafayette-West Lafayette, IN | Indiana |
|---|---|---|---|---|
| Home Value | $254,522 | $254,522 | N/A | $248,442 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.7% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 47975 (Pine Village, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $254,522 |
| Monthly Rent | $945 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 47975
Population: 754
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 47975
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
Is Pine Village, IN landlord-friendly?
IN law landlord-friendly for landlords, and Pine Village inherits those rules. Investors should still review local ordinances for rental licensing.
Does Pine Village, IN make sense for an investment property?
With a 3.0/5 investability score, Pine Village, IN ranks as a solid market for rental property investors. Median prices of $255K and rents of $945/mo drive the underlying numbers.
What is the best play in Pine Village, IN?
Pine Village, IN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($255K prices, $945/mo rents) make it a reasonable choice.
Does a duplex house hack pencil in Pine Village, IN?
The a challenging house-hack environment in Pine Village, IN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Where do home prices stand in Pine Village, IN?
Pine Village, IN home values average about $255K. That price point suits investors targeting rentals with $945/mo in monthly income.
You know 47975 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 47975 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 47975 ranks in Lafayette-West Lafayette, IN
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