Gross rental yield of 5.93% — ranked #116 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.5% | +42.1% |
| Market rent | — | — |
Metro: Fort Wayne, IN · County: Allen County · Annual rent: $12,696
Similar home values, sorted by yield — the cheapest way to see if 46816 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 46235 | Indianapolis | IN | $219,881 | $1,801 | 9.83% | 10.2 | -1.3% |
| 46221 | Indianapolis | IN | $212,164 | $1,418 | 8.02% | 12.5 | +0.4% |
| 46544 | Mishawaka | IN | $212,800 | $1,289 | 7.27% | 13.8 | +5.1% |
| 47129 | Clarksville | IN | $210,735 | $1,242 | 7.07% | 14.1 | +3.4% |
| 46011 | Anderson | IN | $217,167 | $1,172 | 6.47% | 15.4 | +5.0% |
| 47304 | Muncie | IN | $217,910 | $1,072 | 5.91% | 16.9 | +4.0% |
| 47712 | Evansville | IN | $212,724 | $1,012 | 5.71% | 17.5 | +3.7% |
| 46041 | Frankfort | IN | $218,566 | $762 | 4.19% | 23.9 | +4.6% |
Top rental yields in all of Indiana →
Screening more than one ZIP? Get every Indiana ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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