Gross rental yield of 5.82% — ranked #121 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -0.7% | +30.3% |
| Market rent | +7.4% | — |
Metro: Indianapolis-Carmel-Anderson, IN · County: Shelby County · Annual rent: $13,320
Similar home values, sorted by yield — the cheapest way to see if 46176 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46235 | Indianapolis | IN | $219,881 | $1,801 | 9.83% | 10.2 | -1.3% |
| 46229 | Indianapolis | IN | $221,123 | $1,712 | 9.29% | 10.8 | -2.2% |
| 46254 | Indianapolis | IN | $224,529 | $1,345 | 7.19% | 13.9 | +0.8% |
| 46545 | Mishawaka | IN | $221,697 | $1,278 | 6.92% | 14.5 | +5.2% |
| 46227 | Indianapolis | IN | $231,226 | $1,298 | 6.74% | 14.8 | -0.6% |
| 46214 | Indianapolis | IN | $234,561 | $1,279 | 6.54% | 15.3 | -1.1% |
| 47274 | Seymour | IN | $237,466 | $1,175 | 5.94% | 16.8 | +3.2% |
| 47933 | Crawfordsville | IN | $235,271 | $954 | 4.86% | 20.6 | +2.9% |
Top rental yields in all of Indiana →
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