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47172, IN Properties

1,384 of 6,920 results

Find, analyze, and compare investment properties in 47172, IN, including off-market opportunities and residential homes with value-add potential. The 47172 area offers a diverse housing market with single-family residences (SFRs), multi-family properties, and vacant homes. This ZIP code offers investment potential for long-term rentals (LTRs), as highlighted by 47172 housing market trends. Property Intel by Whitepages makes it easy to uncover off-market properties, compare ZIP code and neighborhood benchmarks, and access owner contact information to help you find the best investment properties in 47172, Indiana for your real estate goals.

In 47172, the median property value currently stands at $244,754, reflecting a -7.47% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $338,981 (a 0.02% gain). The housing market includes a total of 8,105 houses.The median home in 47172 has 1,734 square feet of living space, priced at a median of $143 per square foot with a median year built of 1999. For long-term rental properties in 47172, the median annual gross rental income is $25,200 (or $2,100/month) with estimated operating expenses of $6,892, resulting in an approximate gross cap rate of 7.51%.

Property Intel by Whitepages helps investors and homeowners explore the 47172 area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in 47172, IN.

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Housing Market Trends & Statistics for 47172, Indiana

Median Property Value
$244,754
Total number of Properties
8,105
Median Living Space
1,734 sq ft
Median Year Built
1999 (26 years)
5-Year Appreciation Forecast
$338,981
Median Lot Size
12,031 sq ft
Average Ownership
6 months
for 47172, IN
  • Est. Rental Income
    $25,200 ($2,100 per month)
  • Net Operating Income
    $18,308 ($1,526 per month)
  • Cap Rate
    7.51%

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