Gross rental yield of 8.92% — ranked #34 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +6.0% | +47.2% |
| Market rent | +9.0% | — |
Metro: South Bend-Mishawaka, IN-MI · County: Saint Joseph County · Annual rent: $16,548
Similar home values, sorted by yield — the cheapest way to see if 46615 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46324 | Hammond | IN | $185,061 | $1,553 | 10.07% | 9.9 | +0.9% |
| 47803 | Terre Haute | IN | $183,062 | $1,288 | 8.44% | 11.8 | +0.9% |
| 46628 | South Bend | IN | $181,551 | $1,222 | 8.08% | 12.4 | +6.5% |
| 46012 | Anderson | IN | $190,066 | $1,118 | 7.06% | 14.2 | +4.0% |
| 46013 | Anderson | IN | $183,379 | $1,062 | 6.95% | 14.4 | +4.1% |
| 47586 | Tell City | IN | $187,968 | $1,065 | 6.80% | 14.7 | +0.9% |
| 46805 | Fort Wayne | IN | $186,247 | $973 | 6.27% | 15.9 | +1.6% |
| 46001 | Alexandria | IN | $188,088 | $931 | 5.94% | 16.8 | +3.8% |
Top rental yields in all of Indiana →
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