Gross rental yield of 4.8% — ranked #162 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.8% | +33.3% |
| Market rent | — | — |
Metro: Elkhart-Goshen, IN · County: Elkhart County · Annual rent: $11,856
Similar home values, sorted by yield — the cheapest way to see if 46517 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 47708 | Evansville | IN | $241,304 | $1,528 | 7.60% | 13.2 | -1.8% |
| 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% |
| 46342 | Hobart | IN | $242,972 | $1,358 | 6.70% | 14.9 | +0.7% |
| 46319 | Griffith | IN | $253,213 | $1,390 | 6.59% | 15.2 | +2.4% |
| 47715 | Evansville | IN | $243,134 | $1,312 | 6.48% | 15.4 | +4.6% |
| 46514 | Elkhart | IN | $253,045 | $1,340 | 6.35% | 15.7 | +5.7% |
| 46614 | Gulivoire Park | IN | $247,960 | $1,147 | 5.55% | 18.0 | +6.4% |
Top rental yields in all of Indiana →
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