Elkhart-Goshen, IN Metro Area - Investment Guide
Metro Area • 8 Cities • 11 ZIP Codes
Avg Home Value
$305,389
Avg Monthly Rent
$1,078
Avg Cap Rate
2.88%
Avg Investability
3.0 ★
Cities
8
ZIP Codes
11
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Best ZIP codes in Elkhart-Goshen, IN
Every ZIP in the metro, ranked four ways. Free.
Cities in Elkhart-Goshen, IN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 46540 | Middlebury | IN | $373,188 | $1,125 | 2.35% | |
| 46514 | Elkhart | IN | $252,508 | $1,331 | 4.11% | |
| 46516 | Elkhart | IN | $191,386 | $1,075 | 4.38% | |
| 46543 | Millersburg | IN | $411,745 | $1,053 | 1.99% | |
| 46517 | Elkhart | IN | $246,094 | $933 | 2.96% | |
| 46550 | Nappanee | IN | $295,859 | $972 | 2.56% | |
| 46553 | New Paris | IN | $306,469 | $981 | 2.50% | |
| 46507 | Bristol | IN | $325,425 | $1,098 | 2.63% | |
| 46526 | Goshen | IN | $269,118 | $999 | 2.89% | |
| 46573 | Wakarusa | IN | $314,278 | $1,116 | 2.77% | |
| 46514 | Elkhart | IN | $239,854 | $1,318 | 4.28% | |
| 46528 | Goshen | IN | $312,357 | $1,173 | 2.93% | |
| 46540 | Middlebury | IN | $382,825 | $1,125 | 2.29% | |
| 46516 | Elkhart | IN | $180,175 | $1,050 | 4.55% | |
| 46517 | Elkhart | IN | $232,490 | $954 | 3.20% | |
| 46543 | Millersburg | IN | $426,256 | $1,053 | 1.93% | |
| 46526 | Goshen | IN | $257,702 | $1,068 | 3.23% | |
| 46550 | Nappanee | IN | $303,397 | $972 | 2.50% | |
| 46553 | New Paris | IN | $312,612 | $981 | 2.45% | |
| 46507 | Bristol | IN | $342,215 | $1,098 | 2.50% | |
| 46528 | Goshen | IN | $298,777 | $1,098 | 2.87% | |
| 46540 | Middlebury | IN | $363,082 | $1,125 | 2.42% | |
| 46573 | Wakarusa | IN | $321,820 | $1,116 | 2.70% | |
| 46514 | Elkhart | IN | $253,045 | $1,340 | 4.13% | |
| 46516 | Elkhart | IN | $191,401 | $1,037 | 4.23% | |
| 46543 | Millersburg | IN | $401,846 | $1,053 | 2.04% | |
| 46517 | Elkhart | IN | $246,831 | $988 | 3.12% | |
| 46550 | Nappanee | IN | $286,475 | $972 | 2.65% | |
| 46507 | Bristol | IN | $320,569 | $1,098 | 2.67% | |
| 46526 | Goshen | IN | $269,370 | $964 | 2.79% | |
| 46553 | New Paris | IN | $300,759 | $981 | 2.54% | |
| 46573 | Wakarusa | IN | $305,316 | $1,116 | 2.85% | |
| 46514 | Elkhart | IN | $236,072 | $1,123 | 3.71% | |
| 46528 | Goshen | IN | $312,386 | $1,173 | 2.93% | |
| 46540 | Middlebury | IN | $384,581 | $1,125 | 2.28% | |
| 46516 | Elkhart | IN | $177,022 | $849 | 3.74% | |
| 46517 | Elkhart | IN | $229,483 | $954 | 3.24% | |
| 46543 | Millersburg | IN | $429,551 | $1,053 | 1.91% | |
| 46526 | Goshen | IN | $254,108 | $1,068 | 3.28% | |
| 46550 | Nappanee | IN | $303,387 | $972 | 2.50% | |
| 46553 | New Paris | IN | $313,333 | $981 | 2.44% | |
| 46507 | Bristol | IN | $336,342 | $1,098 | 2.55% | |
| 46528 | Goshen | IN | $294,909 | $1,098 | 2.90% | |
| 46540 | Middlebury | IN | $360,049 | $1,125 | 2.44% | |
| 46573 | Wakarusa | IN | $322,828 | $1,116 | 2.70% | |
| 46514 | Elkhart | IN | $250,934 | $1,358 | 4.22% | |
| 46516 | Elkhart | IN | $189,493 | $1,078 | 4.44% | |
| 46543 | Millersburg | IN | $397,708 | $1,053 | 2.07% | |
| 46517 | Elkhart | IN | $243,974 | $1,024 | 3.27% | |
| 46550 | Nappanee | IN | $283,984 | $972 | 2.67% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Elkhart-Goshen, IN Real Estate Market
The Elkhart-Goshen, IN metropolitan statistical area (MSA) encompasses 8 cities and 11 ZIP codes. The average home value across the metro is $305,389, with an average monthly rent of $1,078. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.