Gross rental yield of 6.03% — ranked #110 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.2% | +25.6% |
| Market rent | — | — |
Metro: Indianapolis-Carmel-Anderson, IN · County: Hendricks County · Annual rent: $21,348
Similar home values, sorted by yield — the cheapest way to see if 46122 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46280 | Carmel | IN | $351,424 | $1,963 | 6.70% | 14.9 | +3.8% |
| 46321 | Munster | IN | $356,979 | $1,922 | 6.46% | 15.5 | +2.3% |
| 47408 | Bloomington | IN | $351,194 | $1,675 | 5.72% | 17.5 | +2.5% |
| 46220 | Indianapolis | IN | $350,670 | $1,569 | 5.37% | 18.6 | +0.4% |
| 46202 | Indianapolis | IN | $353,093 | $1,527 | 5.19% | 19.3 | -0.5% |
| 47401 | Bloomington | IN | $356,378 | $1,500 | 5.05% | 19.8 | +0.6% |
| 46383 | Valparaiso | IN | $352,481 | $1,409 | 4.80% | 20.8 | +2.2% |
| 46256 | Indianapolis | IN | $351,129 | $1,257 | 4.29% | 23.3 | +1.3% |
Top rental yields in all of Indiana →
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