Gross rental yield of 8.08% — ranked #44 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +6.5% | +44.4% |
| Market rent | +3.6% | — |
Metro: South Bend-Mishawaka, IN-MI · County: Saint Joseph County · Annual rent: $14,664
Similar home values, sorted by yield — the cheapest way to see if 46628 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% |
| 46225 | Indianapolis | IN | $178,096 | $1,397 | 9.42% | 10.6 | -4.7% |
| 46615 | South Bend | IN | $185,544 | $1,379 | 8.92% | 11.2 | +6.0% |
| 47803 | Terre Haute | IN | $183,062 | $1,288 | 8.44% | 11.8 | +0.9% |
| 46208 | Indianapolis | IN | $178,316 | $1,234 | 8.31% | 12.0 | -5.3% |
| 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% |
Top rental yields in all of Indiana →
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