Gross rental yield of 6.48% — ranked #86 of 175 Indiana ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +4.6% | +31.4% |
| Market rent | — | — |
Metro: Evansville, IN-KY · County: Vanderburgh County · Annual rent: $15,744
Similar home values, sorted by yield — the cheapest way to see if 47715 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% |
| 46342 | Hobart | IN | $242,972 | $1,358 | 6.70% | 14.9 | +0.7% |
| 47150 | New Albany | IN | $238,826 | $1,200 | 6.03% | 16.6 | +3.1% |
| 46360 | Michigan City | IN | $239,353 | $1,114 | 5.59% | 17.9 | +5.0% |
| 46614 | Gulivoire Park | IN | $247,960 | $1,147 | 5.55% | 18.0 | +6.4% |
| 46923 | Delphi | IN | $238,297 | $1,065 | 5.36% | 18.6 | +2.8% |
| 46517 | Elkhart | IN | $246,831 | $988 | 4.80% | 20.8 | +5.8% |
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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