Gross rental yield of 5.43% — ranked #137 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.1% | +27.7% |
| Market rent | +0.0% | +26.6% |
Metro: Indianapolis-Carmel-Anderson, IN · County: Hamilton County · Annual rent: $20,976
Similar home values, sorted by yield — the cheapest way to see if 46038 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46075 | Whitestown | IN | $370,754 | $2,112 | 6.84% | 14.6 | +1.2% |
| 46055 | McCordsville | IN | $405,158 | $2,193 | 6.49% | 15.4 | +0.6% |
| 46259 | Indianapolis | IN | $379,622 | $1,996 | 6.31% | 15.8 | +1.6% |
| 47906 | West Lafayette | IN | $374,532 | $1,841 | 5.90% | 17.0 | +0.8% |
| 46385 | Valparaiso | IN | $378,413 | $1,744 | 5.53% | 18.1 | +2.9% |
| 46845 | Fort Wayne | IN | $395,157 | $1,783 | 5.41% | 18.5 | +2.7% |
| 46567 | Syracuse | IN | $386,469 | $1,700 | 5.28% | 18.9 | +6.7% |
| 46240 | Indianapolis | IN | $373,832 | $1,515 | 4.86% | 20.6 | +1.7% |
Top rental yields in all of Indiana →
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