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47462, IN Properties

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Find, analyze, and compare investment properties in 47462, IN, including off-market opportunities and residential homes with value-add potential. The 47462 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 47462 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 47462, Indiana for your real estate goals.

In 47462, the median property value currently stands at $278,187, reflecting a 8.65% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $506,237 (a 0.03% gain). The housing market includes a total of 2,398 houses.The median home in 47462 has 1,596 square feet of living space, priced at a median of $182 per square foot with a median year built of 1993. For long-term rental properties in 47462, the median annual gross rental income is $24,600 (or $2,050/month) with estimated operating expenses of $5,323, resulting in an approximate gross cap rate of 6.41%.

Property Intel by Whitepages helps investors and homeowners explore the 47462 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 47462, IN.

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IN47462

Housing Market Trends & Statistics for 47462, Indiana

Median Property Value
$278,187
Total number of Properties
2,398
Median Living Space
1,596 sq ft
Median Year Built
1993 (32 years)
5-Year Appreciation Forecast
$506,237
Median Lot Size
85,160 sq ft
Average Ownership
6 months
for 47462, IN
  • Est. Rental Income
    $24,600 ($2,050 per month)
  • Net Operating Income
    $19,277 ($1,606 per month)
  • Cap Rate
    6.41%

Find Investment Properties in 47462

Nearby Cities

  1. Springville Investment Properties
  2. Bedford Investment Properties
  3. Solsberry Investment Properties
  4. Bloomington Investment Properties
  5. Bloomfield Investment Properties
  6. Mitchell Investment Properties
  7. Ellettsville Investment Properties
  8. Norman Investment Properties
  9. Odon Investment Properties
  10. Shoals Investment Properties

Nearby Neighborhoods

  1. Elm Heights in Bloomington, IN
  2. Western Hills in Columbus, IN
  3. Downtown Columbus in Columbus, IN
  4. U.S. 31 - Indianapolis Road in Columbus, IN
  5. Central Columbus in Columbus, IN
  6. East Columbus in Columbus, IN
  7. Western Rocky Ford in Columbus, IN
  8. East 25th Street in Columbus, IN
  9. Sugar Grove - Indian Acres in Terre Haute, IN
  10. Devaney in Terre Haute, IN

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