Markets / Indiana
Where rentals cash flow in Indiana.
30 of the top 30 Indiana ZIP codes pencil at a DSCR of 1.0 or better, assuming a 7.50% rate at 80% LTV with typical market rents. Tap any market in the Deal Finder to run your own numbers and see live listings.
| # | Market | Typical price | Typical rent | Gross yield | Est. DSCR | Score |
|---|---|---|---|---|---|---|
| 1 | South Bend 46613 | $111,287 | $1,244/mo | 13.4% | 1.55x | 94 |
| 2 | Gary 46407 | $60,433 | $1,238/mo | 24.6% | 2.64x | 90 |
| 3 | Anderson 46016 | $85,059 | $930/mo | 13.1% | 1.47x | 87 |
| 4 | Hammond 46320 | $142,519 | $1,361/mo | 11.5% | 1.35x | 87 |
| 5 | Gary 46408 | $111,379 | $1,348/mo | 14.5% | 1.68x | 86 |
| 6 | South Bend 46619 | $137,224 | $1,289/mo | 11.3% | 1.32x | 85 |
| 7 | Muncie 47302 | $104,695 | $985/mo | 11.3% | 1.30x | 85 |
| 8 | Indianapolis 46222 | $128,674 | $1,194/mo | 11.1% | 1.30x | 83 |
| 9 | Evansville 47713 | $99,684 | $919/mo | 11.1% | 1.26x | 81 |
| 10 | Indianapolis 46218 | $116,896 | $1,146/mo | 11.8% | 1.36x | 80 |
| 11 | Terre Haute 47807 | $77,847 | $821/mo | 12.7% | 1.41x | 80 |
| 12 | Indianapolis 46225 | $175,833 | $1,444/mo | 9.8% | 1.17x | 79 |
| 13 | Fort Wayne 46803 | $114,719 | $1,038/mo | 10.9% | 1.26x | 79 |
| 14 | Indianapolis 46203 | $171,756 | $1,487/mo | 10.4% | 1.23x | 77 |
| 15 | Indianapolis 46231 | $259,605 | $2,150/mo | 9.9% | 1.18x | 76 |
| 16 | South Bend 46601 | $148,727 | $1,350/mo | 10.9% | 1.29x | 76 |
| 17 | Marion 46953 | $105,582 | $900/mo | 10.2% | 1.17x | 76 |
| 18 | Gary 46403 | $153,191 | $1,299/mo | 10.2% | 1.20x | 74 |
| 19 | Fort Wayne 46806 | $117,462 | $973/mo | 9.9% | 1.15x | 71 |
| 20 | South Bend 46615 | $179,713 | $1,369/mo | 9.1% | 1.08x | 68 |
| 21 | South Bend 46616 | $146,814 | $1,142/mo | 9.3% | 1.10x | 66 |
| 22 | Indianapolis 46234 | $280,703 | $2,140/mo | 9.2% | 1.08x | 65 |
| 23 | Indianapolis 46241 | $159,549 | $1,276/mo | 9.6% | 1.14x | 65 |
| 24 | Indianapolis 46201 | $155,952 | $1,205/mo | 9.3% | 1.10x | 63 |
| 25 | Hammond 46324 | $180,699 | $1,424/mo | 9.5% | 1.12x | 63 |
| 26 | South Bend 46637 | $253,411 | $1,954/mo | 9.3% | 1.10x | 63 |
| 27 | Evansville 47714 | $142,978 | $1,065/mo | 8.9% | 1.05x | 62 |
| 28 | Terre Haute 47803 | $177,302 | $1,315/mo | 8.9% | 1.06x | 62 |
| 29 | East Chicago 46312 | $129,997 | $992/mo | 9.2% | 1.07x | 61 |
| 30 | Fort Wayne 46802 | $140,281 | $1,080/mo | 9.2% | 1.09x | 61 |
Estimates from Zillow Research public data (ZHVI/ZORI) with standard expense assumptions — not appraisals or loan offers. Data refreshed 2026-06-10.