Gross rental yield of 6.35% — ranked #93 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.7% | +32.8% |
| Market rent | +4.4% | — |
Metro: Elkhart-Goshen, IN · County: Elkhart County · Annual rent: $16,080
Similar home values, sorted by yield — the cheapest way to see if 46514 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46410 | Merrillville | IN | $246,132 | $1,550 | 7.56% | 13.2 | +0.6% |
| 46815 | Fort Wayne | IN | $250,945 | $1,546 | 7.39% | 13.5 | +3.1% |
| 46268 | Indianapolis | IN | $258,178 | $1,524 | 7.09% | 14.1 | +1.0% |
| 46319 | Griffith | IN | $253,213 | $1,390 | 6.59% | 15.2 | +2.4% |
| 47130 | Jeffersonville | IN | $257,679 | $1,313 | 6.12% | 16.4 | +1.8% |
| 46614 | Gulivoire Park | IN | $247,960 | $1,147 | 5.55% | 18.0 | +6.4% |
| 46517 | Elkhart | IN | $246,831 | $988 | 4.80% | 20.8 | +5.8% |
| 46580 | Warsaw | IN | $257,423 | $1,001 | 4.67% | 21.4 | +4.3% |
Top rental yields in all of Indiana →
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