Gross rental yield of 15.19% — ranked #5 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -4.5% | +17.4% |
| Market rent | — | — |
Metro: Chicago-Naperville-Elgin, IL-IN-WI · County: Lake County · Annual rent: $17,292
Similar home values, sorted by yield — the cheapest way to see if 46408 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46404 | Gary | IN | $101,923 | $1,435 | 16.90% | 5.9 | +3.3% |
| 46613 | South Bend | IN | $113,930 | $1,212 | 12.76% | 7.8 | +7.7% |
| 46218 | Indianapolis | IN | $117,267 | $1,226 | 12.55% | 8.0 | -3.2% |
| 47713 | Evansville | IN | $104,764 | $982 | 11.25% | 8.9 | +4.5% |
| 46953 | Marion | IN | $108,770 | $959 | 10.58% | 9.5 | -0.5% |
| 47804 | Terre Haute | IN | $108,124 | $948 | 10.52% | 9.5 | -1.1% |
| 47302 | Muncie | IN | $107,554 | $927 | 10.34% | 9.7 | +0.4% |
| 46806 | Fort Wayne | IN | $118,995 | $1,006 | 10.14% | 9.9 | +0.6% |
Top rental yields in all of Indiana →
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