Gross rental yield of 8.02% — ranked #45 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.4% | +32.5% |
| Market rent | +1.8% | +36.8% |
Metro: Indianapolis-Carmel-Anderson, IN · County: Marion County · Annual rent: $17,016
Similar home values, sorted by yield — the cheapest way to see if 46221 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46544 | Mishawaka | IN | $212,800 | $1,289 | 7.27% | 13.8 | +5.1% |
| 46394 | Whiting | IN | $207,743 | $1,253 | 7.24% | 13.8 | +0.6% |
| 47129 | Clarksville | IN | $210,735 | $1,242 | 7.07% | 14.1 | +3.4% |
| 46011 | Anderson | IN | $217,167 | $1,172 | 6.47% | 15.4 | +5.0% |
| 46902 | Kokomo | IN | $205,804 | $1,036 | 6.04% | 16.6 | +5.0% |
| 46816 | Fort Wayne | IN | $213,845 | $1,058 | 5.93% | 16.9 | +2.5% |
| 47304 | Muncie | IN | $217,910 | $1,072 | 5.91% | 16.9 | +4.0% |
| 47712 | Evansville | IN | $212,724 | $1,012 | 5.71% | 17.5 | +3.7% |
Top rental yields in all of Indiana →
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